Select the incorrect statement Question 22 options: To fight inflation from moving above the target rate, the Bank of Canada would increase the target for the overnight rate To keep the inflation rate from falling below the target rate (that is, to prevent deflation), the Bank of Canada would decrease the target for the overnight rate The change in the target of overnight rate influences the exchange rate and the long term interest rates in the economy, which in turn influences the economy through changes in total spending (aggregate demand) To fight recession, the Bank of Canada would increase the target for the overnight rate