The goal of the Bank of Canada's current monetary policy is to keep the inflation rate within a target range of ________.
A) 2 percent to 3 percent
B) 1 percent to 3 percent
C) 1 percent to 4 percent
D) 2 percent to 4 percent

Question

Quizplus · Accepted Answer

The Bank of Canada's current monetary policy aims to keep inflation within the target range of 1 percent to 3 percent. This range is considered to facilitate economic growth and stability.

The Goal of the Bank of Canada's Current Monetary Policy