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When might the Bank of Canada implement a Sale Repurchase and Agreement? a. When the prime rate is above the target of the Treasury bill

When might the Bank of Canada implement a Sale Repurchase and Agreement? a. When the prime rate is above the target of the Treasury bill rate. b. When the overnight rate is near the bottom of the monetary conditions index. c. When the spread between government short-term and long-term bonds widens. d. When the overnight rate is below the target of the operating band

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