Monetary policy is chosen by
A) businesses.
B) the rest of the world.
C) consumers.
D) government.
E) the Bank of Canada.

Question

Quizplus · Accepted Answer

Monetary policy is the process by which the Bank of Canada manages the money supply and interest rates to achieve specific economic goals such as controlling inflation, promoting economic growth, and maintaining financial stability. Therefore, the Bank of Canada is responsible for choosing and implementing monetary policy in Canada.

Monetary Policy Is Chosen by