Multiple Choice
How has the Bank of Canada historically viewed changes in reserve requirements to control the money supply?
A) It has been gradually lowering the reserve requirements to keep inflation rates low.
B) It has traditionally made frequent changes in order to stabilize the economy.
C) It has been reluctant to make frequent changes as this would disrupt the business of banking.
D) It has been gradually increasing the reserve requirements to keep inflation rates low.
Correct Answer:
Verified
Correct Answer:
Verified
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