Question
Read the transcript about the responses of the Bank of Canada to the COVID-19 pandemic: Bank of Canada. (2020). Monetary policy in the context of
Read the transcript about the responses of the Bank of Canada to the COVID-19 pandemic:
Bank of Canada. (2020). Monetary policy in the context of Covid-19. https://www.bankofcanada.ca/2020/06/monetary-policy-context-covid-19/
Professor Paul Beaudry explains the asset purchasing programs in detail.
What does the asset purchasing program do? How does it function?
Review the article and video below:
Bank of Canada. (2020). Understanding quantitative easing. https://www.bankofcanada.ca/2020/12/understanding-quantitative-easing/
How does it change the balance sheet of the Central bank?
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