Suppose the

Suppose the Bank Rate is currently 4.5%. If the overnight market becomes volatile and the Bank of Canada needs to intervene, at what point will they begin to borrow excess funds from financial institutions? ( a) When rates rise above 5.0%. (b) When rates fall to 4.25%. O c) When rates rise above 4.5%. Od) When rates fall below 4.0%. Page & of 10