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To Keep Inflation from Falling Below the Target Range, the Bank

Question 49

Multiple Choice

To keep inflation from falling below the target range, the Bank of Canada ________.


A) decreases the target for the overnight rate which causes the dollar to go down
B) decreases the target for the overnight rate which causes the dollar to go up
C) increases the target for the overnight rate which causes the dollar to go down
D) increases the target for the overnight rate which causes the dollar to go up

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