The interest rate that the Bank of Canada pays commercial banks for overnight deposits is the
A) prime business rate.
B) overnight rate target.
C) deposit rate.
D) bank rate.
E) equilibrium ratE.
Correct Answer:
Verified
Q20: Holding all else constant,higher real interest rates
Q21: The prime business rate refers to
A) the
Q22: When the Bank of Canada wants to
Q23: The interest rate that commercial banks charge
Q24: When the Bank of Canada wants to
Q26: The interest rate that the Bank of
Q27: The Bank of Canada's official interest rate
Q28: Under its current operating procedure,the Bank of
Q29: If overnight funds in the overnight loans
Q30: The overnight rate refers to
A) the interest
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