If overnight funds in the overnight loans market are trading above the overnight rate target,then the Bank of Canada will _______ Government of Canada bonds,driving the overnight market rate ______;conversely,if overnight funds are trading below the overnight target rate,then the Bank will _______ Government of Canada bonds,driving the overnight interest rate _______.
A) sell;up;buy;down
B) buy;down;sell;up
C) sell;down;buy;down
D) buy;up;buy;down
E) buy;up;sell;up
Correct Answer:
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Q24: When the Bank of Canada wants to
Q25: The interest rate that the Bank of
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
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
Q33: The Bank of Canada ensures that the
Q34: Financial markets pay close attention to changes
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