Question

Gordo • Save & Exit value: 6.00 points Submit Hosts (1 Gorda You did not receive full credit for this question in a previous attempt Presente Participa & 4 Which tool of monetary policy is most likely being described by each of the following statements? 123 abbyme Adam Adam 2 Alexa a. It's the major way the Bank of Canada enacts monetary policy: Open-market operations allison angel b. This tool is good for emergency situations that require major, large-scale action: Target for overnight rate Anooshe an c. This tool goes through the Bank of Canada's role as lender of last resort: Target for overnight rate Arthur.lor Audrey В Веу Brenna d. This tool is best for everyday monetary policy: Open-market operations e. A major disadvantage of this tool is that it requires that banks want to borrow from the Bank of Canada: Open-market operations Presenter Cha f. Even if they aren't interested in buying, selling, or borrowing from the Bank of Canada, changes in this tool may inconvenience bank managers: Changing the reserve requirement Brenna: same pas Adam: crystal lan: yes, sir Tracy: can you dro exam Bey: will we still ge Felix How the final to not to take the fir Multiple Affendees References eBook & Resources Multiple Choice Learning Objective: 14- 06 Explain the tools the Bank of Canada uses to conduct monetary

Answer 1

a) target for overnight rate

b) target for overnight rate

c) standing liquidity facility

d) target for overnight rate

e) emergency lending assistance