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  3. Study Set
    Macroeconomics Study Set 60
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    Exam 4: The Monetary System: What It Is and How It Works
  5. Question
    Why Does the Bank of Canada Not Have Complete Control
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Why Does the Bank of Canada Not Have Complete Control

Question 30

Question 30

Essay

Why does the Bank of Canada not have complete control over the size of the money supply? Give at least two reasons.

Correct Answer:

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For a given monetary base, controlled by...

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