Why must the Bank of Canada decide to target either the interest rate or the monetary base?
Question:
Why must the Bank of Canada decide to target either the interest rate or the monetary base? Why can’t the Bank of Canada determine acceptable values for both and then use open market operations to hit both targets?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 55% (9 reviews)
The Bank of Canada cannot target both the interest rate and the monetary base because changes in the ...View the full answer
Answered By
Nazrin Ziad
I am a post graduate in Zoology with specialization in Entomology.I also have a Bachelor degree in Education.I posess more than 10 years of teaching as well as tutoring experience.I have done a project on histopathological analysis on alcohol treated liver of Albino Mice.
I can deal with every field under Biology from basic to advanced level.I can also guide you for your project works related to biological subjects other than tutoring.You can also seek my help for cracking competitive exams with biology as one of the subjects.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Macroeconomics Canada In The Global Environment
ISBN: 9780321931207
9th Edition
Authors: Michael Parkin, Robin Bade
Question Posted:
Students also viewed these Business questions
-
Why might the Bank of Canada decide to keep the overnight rate at 1 percent in 2012?
-
Why might the Bank of Canada decide to lower the overnight rate in 2012?
-
Why might the Bank of Canada decide to lower the overnight rate in 2015? At the end of 2009, the unemployment rate was 8.3 percent, the inflation rate was 0.8 percent, and the overnight loans rate...
-
In your opinion, was Saks' zero tolerance policy for employee theft reasonable? Was the policy likely cost-effective? Defend your answers.
-
Suppose that a single-server queueing system fits all the assumptions of the birth-and-death process except that customers always arrive in pairs. The mean arrival rate is 2 pairs per hour (4...
-
You purchased two condos for $100,000 cash down, with loan/insurance payments of $1,500/month for the next 10 years. Your association fees are $150/month.You plan to rent out one of the condos to...
-
Explain the main overriding reasons why pretax GAAP income and taxable income are often quite different.
-
(Accounting for Restricted Stock) Tweedie Company issues 10,000 shares of restricted stock to its CFO, Mary Tokar, on January 1, 2010. The stock has a fair value of $500,000 on this date. The service...
-
Using the data in the following table, estimate the average return and volatility for each stock. (Click on the following icon D in order to copy its contents into a spreadsheet.) Realized Returns...
-
General Motors Accounting Failures the below needs to answer Background of the topic The main reasons for the Recent failings The impact and consequences of the failures The role of Accountants The...
-
What is the operating band?
-
Why is there a difference between the short-run and long-run effects from an increase in the quantity of money?
-
An antifungal medication was applied to the skin of eight adult subjects. One hour later, the amount of active ingredient that had been absorbed into the skin was measured for each subject. The...
-
APS Ltd provides a weekly maintenance service to 150 homes. Fixed costs are approximately $14,500 per quarter (13 weeks). Customers pay $270 per quarter for the weekly service. All contracts are...
-
You are pulling a 60 N crate up a 15 angled cement ramp. The crate accelerates at 1m/s/s up the slope even though there is a 20 N friction force present. Nice muscles! Graphic is in the enclosure. a)...
-
Gianna's Office Supplies manufactures desk organizers in its Production Department. Direct materials are added at the beginning of the process and conversion costs are incurred evenly throughout the...
-
What are the market characteristics of Fenty Beauty's market segments? RQ4 In which market segment does your product/service belong (this is where you do the target marketing)? NOTE: Analyze and...
-
WSM Corporation is considering offering an air shuttle service between Sao Paulo and Rio de Janeiro. It plans to offer four flights every day (excluding certain holidays) for a total of 1,400 flights...
-
Grant Hillside Homes, Inc., has preferred stock outstanding that pays an annual dividend of $9.80. Its price is $110. What is the required rate of return (yield) on the preferred stock?
-
Match the following. Answers may be used more than once: Measurement Method A. Amortized cost B. Equity method C. Acquisition method and consolidation D. Fair value method Reporting Method 1. Less...
-
Mexicos real GDP was 8,600 trillion pesos in 2009 and 8,688 trillion pesos in 2010. Mexicos population was 107 million in 2009 and 108 million in 2010. Calculate a. The economic growth rate. b. The...
-
Venezuelas real GDP was 57,049 trillion bolivares in 2009 and 56,764 trillion bolivares in 2010. Venezuelas population was 28.6 million in 2009 and 29.2 million in 2010. Calculate a. The economic...
-
While gross domestic product growth is cooling a bit in emerging market economies, the results are still tremendous compared with the United States and much of Western Europe. The emerging market...
-
Incorrect Question 5 The best companies forecast. sales; revenues supply; demand O demand; sales Oweather; taxes not 0/1 pts
-
Caro Manufacturing has two production departments, Machining and Assembly, and two service departments, Maintenance and Cafeteria. Direct costs for each department and the proportion of service costs...
-
Great Adventures Problem AP6-1 (GL)[The following information applies to the questions displayedbelow.]Now that operations for outdoor clinics and TEAM events arerunning smoothly, Suzie thinks of 0...
Study smarter with the SolutionInn App