Select the correct statement(s) Question 5 options: The Bank of Canada affects interest rates and the level of economic activity by changing the operating band for the overnight interest rate The level of short-term interest rates and the exchange rate of the Canadian dollar determines the monetary condition in which the economy operates Suppose the bank of Canada expects the economy to slow down and wishes to ease monetary conditions, it lowers the operating band for the overnight interest rate All of the above Only a and b above