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Two Kinds of Auctions Are Used by the Bank of Canada.The

Question 23

Multiple Choice

Two kinds of auctions are used by the Bank of Canada.The first type of auction is the ________,which is also called the discriminatory price auction and the second type of auction is the ________,which is used for real return bonds.


A) single price auction; multiple-price auction
B) multiple-price auction; single price auction
C) Dutch auction; multiple-price auction
D) single price auction; Dutch auction

Correct Answer:

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