The Bank of Canada Determines the "Bank Rate" by Setting

The Bank of Canada determines the "bank rate" by setting it equal to the upper end of a 50 basis- point- range that the

A) Bank of Canada announces as a target range for the overnight interest rate.
B) Bank of Canada announces as the target range for the five- year mortgage rate.
C) Government of Canada pays for short term loans to meet interest payments on the public debt.
D) Bank of Canada announces as its target for the core rate of inflation.
E) Bank of Canada announces as a target range for the exchange rate between the Canadian Dollar and the US Dollar.