25 basis points is
A) a quarter of a percentage point.
B) a quarter of the Bank of Canada's target inflation rate.
C) the spread between the savings rate and the lending rate.
D) the spread between the bank rate and the settlement balances rate.
E) the gap by which real GDP exceeds potential GDP.
Correct Answer:
Verified
Q1: The two parts of the inflation-control target
Q2: Why does the Bank of Canada pay
Q3: How is consultation between the Bank of
Q4: Core inflation is the percentage change in
A)the
Q6: The current Governor of the Bank of
Q7: Which of the following benefits flow from
Q8: Who are the members of the Bank
Q9: Choose the statement that is incorrect.
A)The actual
Q10: Which of the following issues is a
Q11: Choose the statement that is incorrect.
A)The Bank
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