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The Three Main Monetary Policy Instruments Used by the Bank

Question 46

Multiple Choice

The three main monetary policy instruments used by the Bank of Canada are:


A) tax rate changes, the overnight rate, and government deposit shifting.
B) tax rate changes, changes in government expenditures, and the overnight rate.
C) the overnight rate, open-market operations, switching Government of Canada deposits.
D) changes in government expenditures, the overnight rate, and tax rate changes.

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