During the 1975-1981 period, although the Bank of Canada was successful in keeping actual M1 growth within the target range, ________.

Question

Quizplus · Accepted Answer

All of the options are correct. Despite the Bank of Canada's success in keeping M1 growth within the target range during 1975-1981, the inflation rate remained high, was almost at the same level by the end of the 1970s as when monetary gradualism was introduced in 1975, and the demand for M1 became unstable.

During the 1975-1981 Period, Although the Bank of Canada Was