The Bank of Canada can directly affect its monetary policy ________, which then affect its monetary policy ________.
A)goals; targets
B)goals; tools
C)targets; goals
D)targets; tools
E)goals; levers

Question

Quizplus · Accepted Answer

The Bank of Canada sets monetary policy targets, such as interest rates, which are used to achieve broader monetary policy goals like controlling inflation and supporting economic growth.

The Bank of Canada Can Directly Affect Its Monetary Policy