If We Observe That the Bank Rate Has Fallen,we Can

Multiple Choice

If we observe that the bank rate has fallen,we can conclude that the

A) Bank of Canada has implemented a contractionary monetary policy.
B) Bank of Canada has abandoned its inflation target.
C) Government of Canada has reduced the money supply.
D) Bank of Canada has implemented an expansionary monetary policy.
E) Bank of Canada has adjusted the rate it pays on Treasury bills.