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Which of the following best describes an appropriate Bank of Canada policy to offset an inflationary boom? a. Increase the target for the overnight interest

Which of the following best describes an appropriate Bank of Canada policy to offset an inflationary boom?

a. Increase the target for the overnight interest rate to increase AD.b. Increase the target for the overnight interest rate to decrease AD.c. Decrease the target for the overnight interest rate to increase AD.d. Decrease the target for the overnight interest rate to decrease AD.

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