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Question 88 (1 point) Table 11.4 Potential Real Year GDP Real GDP Price Level 2017 $1.40 trillion $1.40 trillion 105 2018 1.45 trillion 1.48 trillion
Question 88 (1 point) Table 11.4 Potential Real Year GDP Real GDP Price Level 2017 $1.40 trillion $1.40 trillion 105 2018 1.45 trillion 1.48 trillion 105.4 Refer to Table 11.4. Consider the hypothetical information in the table above for potential real GDP, real GDP and the price level in 2017 and in 2018 if the Bank of Canada does not use monetary policy. If the Bank of Canada wants to keep real GDP at its potential level in 2018, it should O buy government securities. O sell government securities. O decrease income taxes. 0 decrease the desired reserve ratio. 0 extend additional loans to commercial banks
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