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The bank rate is Question 31 options: c. amount adjusted to control the money supply d. the interest rate consumers pay when they borrow from

The bank rate is

Question 31 options:

c. amount adjusted to control the money supply

d. the interest rate consumers pay when they borrow from the bank.

a. the interest the Bank of Canada charges to lend to financial institutions

b. the rate at which banks are taxed on their profits

e. the interest rates at which banks lend to each other

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