To maintain the overnight loan rate when the demand for monetary base temporarily declines, the Bank of Canada can:
A) use the tool of special purchase and resale agreement (SPRA) .
B) increase the bank rate.
C) use the tool of sale and repurchase agreement (SRA) .
D) buy government bonds from chartered banks.
Correct Answer:
Verified
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Q58: To maintain the overnight loan rate when
Q60: The overnight loans rate is:
A) higher than
Q61: Which of the following statements is true
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