Multiple Choice
Which of the following is a sterilization operation that supports the Canadian dollar?
A) The Bank of Canada sells U.S. dollars and buys government bonds.
B) The Bank of Canada buys U.S. dollars and sells government bonds.
C) The Bank of Canada sells both U.S. dollars and government bonds.
D) The Bank of Canada buys both U.S. dollars and government bonds.
Correct Answer:
Verified
Correct Answer:
Verified
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