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Question 205

Multiple Choice

Use the following to answer questions:
Banks decide to do away with fees charged when other banks' customers use the bank's own ATM.
-(Scenario: Money and Interest Rates) Refer to Scenario: Money and Interest Rates.If the Bank of Canada wants to maintain the same overnight rate,it should:


A) increase taxes.
B) decrease government spending.
C) sell Treasury bills.
D) buy Treasury bills.

Correct Answer:

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