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The Economic Variables That the Bank of Canada Tries to Influence

Question 98

Multiple Choice

The economic variables that the Bank of Canada tries to influence are ________ in the short run and ________ in the long run.


A) the distribution of income; the unemployment rate
B) real GDP; the path of the price level
C) the distribution of income; economic efficiency
D) real GDP; the exchange rate
E) the exchange rate; the rate of inflation

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