The actions that the Bank of Canada takes to ________ to pursue macroeconomic policy objectives refer to monetary policy.
A) manage the money supply and interest rates
B) set tax rates
C) regulate imports and exports
D) establish exchange rates

Question

Quizplus · Accepted Answer

Monetary policy refers to the actions taken by a central bank to manage the money supply and interest rates to achieve macroeconomic policy objectives such as price stability, full employment, and economic growth. The Bank of Canada is responsible for implementing Canada's monetary policy.

The Actions That the Bank of Canada Takes to ________