Solved

Fluctuations in the Demand for Reserves Cause the Bank of Canada

Question 33

Multiple Choice

Fluctuations in the demand for reserves cause the Bank of Canada to lose control over a monetary aggregate if the Bank of Canada targets ________.


A) a monetary aggregate
B) the monetary base
C) an interest rate
D) nominal GDP

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions