The Bank of Canada's official interest rate is the _______.This is the interest rate that prevails in the _______,and the rate at which commercial banks lend and borrow _______ funds from each other.
A) overnight rate target;overnight loans market;overnight
B) prime business rate;money markets;short term
C) overnight rate target;money markets;long term
D) prime business rate;overnight loans market;long term
E) bank rate;money markets;overnight
Correct Answer:
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Q22: When the Bank of Canada wants to
Q23: The interest rate that commercial banks charge
Q24: When the Bank of Canada wants to
Q25: The interest rate that the Bank of
Q26: The interest rate that the Bank of
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
Q31: The bank rate refers to
A) the interest
Q32: The lowest feasible level for a central
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