Which of the following statements about the monetary policies generated by the Bank of Canada is the most accurate?

Question

Quizplus · Accepted Answer

The Bank of Canada's monetary policies are sometimes inconsistent with fiscal policies. While the Bank of Canada aims to support the fiscal policy goals set by the government, it is not required to have its policies ratified or approved by Parliament or the minister of finance. However, the Bank of Canada does have to operate within the legal framework established by Parliament, and its policies must be consistent with the Bank of Canada Act.

Which of the Following Statements About the Monetary Policies Generated