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The Bank of Canada's Formal Policy Target Is ________

Question 97

Multiple Choice

The Bank of Canada's formal policy target is ________.It's current target is to keep the annual inflation rate close to ________%.


A) core inflation; 1
B) core inflation; 0
C) the money supply; 2
D) CPI inflation; 2
E) the money supply; 1

Correct Answer:

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