The Bank of Canada's tools to control the money supply include open-market operations and deposit switching of the Government of Canada's account held at the Bank to and from chartered banks.
a.How should each instrument be changed if the Bank of Canada wishes to decrease the money supply?
b.Will the change affect the monetary base and/or the money multiplier?

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The Answer of The Bank of Canada's tools to control the money supply include open-market operations and deposit switching of the Government of Canada's account held at the Bank to and from chartered banks.
a.How should each instrument be changed if the Bank of Canada wishes to decrease the money supply?
b.Will the change affect the monetary base and/or the money multiplier?

The Bank of Canada's Tools to Control the Money Supply