Multiple Choice
The interest rate at which the Bank of Canada lends to chartered banks is called:
A) the prime rate.
B) the short-term rate.
C) the bank rate.
D) the government bonds rate.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q10: An increase in nominal GDP increases the
Q229: By early 2008 it became evident that
Q230: An important routine function of the Bank
Q231: An expansionary monetary policy is designed to
Q232: The job of the monetary authorities in
Q233: Which of the following best describes what
Q234: Monetary policy is:<br>A)faster than fiscal policy.<br>B)slower than
Q236: If the Bank of Canada buys government
Q237: A liquidity trap refers to a situation
Q239: The price of a bond with no