Efforts by the Bank of Canada to control the money supply and interest rates are known as:

Question

Quizplus · Accepted Answer

The Bank of Canada's efforts to control the money supply and interest rates are known as monetary policy. Fiscal policy refers to the government's use of taxation and government spending to influence the economy, incomes policy refers to government intervention in wage and price setting, and securities policy refers to government regulation of financial markets.

Efforts by the Bank of Canada to Control the Money