________ policy is formulated by the Bank of Canada; ________ policy is formulated by the government.

Name: ________ policy is formulated by the Bank of Canada; ________ policy is formulated by the government.
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Question

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The Bank of Canada formulates monetary policy, which involves decisions about interest rates, money supply, and inflation. Fiscal policy, on the other hand, involves government spending, taxation, and borrowing decisions, and is formulated by the government.

________ Policy Is Formulated by the Bank of Canada; ________

Policy Is Formulated by the Bank of Canada;