If We Observe That Short-Term Market Interest Rates Have Fallen,we

Multiple Choice

If we observe that short-term market interest rates have fallen,we can certainly conclude that the

A) Bank of Canada has implemented an expansionary monetary policy.
B) Bank of Canada has implemented a contractionary monetary policy.
C) Bank of Canada has abandoned its inflation target.
D) Government of Canada has reduced the money supply.
E) It is not possible to conclude any of the above.