In the autumn of 2010, the Bank of Canada began to:
A)increase interest rates, yet rates stayed at historic lows throughout 2012.
B)decrease interest rates even further to the point that they were at their lowest by 2012.
C)increase interest rates, but then decreased them again in 2012.
D)decrease interest rates, but then started increasing them again in 2012.

Question

Quizplus · Accepted Answer

The Bank of Canada began to increase interest rates in the autumn of 2010, but rates stayed at historic lows throughout 2012. Therefore, option A is the correct answer.

In the Autumn of 2010, the Bank of Canada Began