Your friend Elizabeth says that all the Bank of Canada does is lower or raise interest rates. You explain that the Bank of Canada's actual mission is to do which of the following?

Question

Quizplus · Accepted Answer

The Bank of Canada's primary goal is to maintain a stable and healthy economy. They do this by setting monetary policy, which includes adjusting interest rates, but also involves other tools such as managing inflation and providing financial services to Canadian governments. In short, the Bank of Canada's mission is to promote the economic and financial welfare of Canada.

Your Friend Elizabeth Says That All the Bank of Canada