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The Bank of Canada (BoC) operating bands for the overnight rate is at 1% : The Bank Rate, (The rate BoC Charges) is: % The

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The Bank of Canada (BoC) operating bands for the overnight rate is at 1% : The Bank Rate, (The rate BoC Charges) is: % The Target for The Overnight Rate. (The rate Banks charge each other) is : 1% Deposit Rate. (The rate BoC pays) is: % Suppose the economy is experiencing a very high rate of unemployment, The Bank of Canada must to fight inflation

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