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The Bank of Canada Keeps the Overnight Rate Within the Operating

Question 81

Multiple Choice

The Bank of Canada keeps the overnight rate within the operating band by standing ready to ________ funds at the lower limit of the band and to ________ funds at the upper limit.


A) lend;borrow
B) lend;lend
C) borrow;lend
D) borrow;borrow
E) give away;take

Correct Answer:

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