The Bank of Canada uses which of the following to regulate the nation's supply of money in order to maintain a healthy economy?

Question

Quizplus · Accepted Answer

The Bank of Canada uses monetary policy to regulate the nation's supply of money in order to maintain a healthy economy. This involves manipulating interest rates, setting targets for inflation, and controlling the money supply through various tools such as open market operations and reserve requirements. Fiscal policy, taxation, and budgetary policy are all related to government spending and revenue, and are not within the direct control of the Bank of Canada.

The Bank of Canada Uses Which of the Following to Regulate