The long- run target currently used by the Bank of Canada is to set
A) a long- run target range for the Canadian- U.S. exchange rate.
B) a long- run target range for the inflation rate.
C) a long- run target range for the overnight lending rate.
D) a long- run target range for the 5- year mortgage rate.
E) M2 = real GDP/M1
Correct Answer:
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