The theory of bureaucratic behaviour indicates that the Bank of Canada never operates in the public interest.

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“The theory of bureaucratic behaviour indicates that the Bank of Canada never operates in the public interest.” Is this statement true, false, or uncertain? Explain your answer.

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The Economics of Money Banking and Financial Markets

ISBN: 978-0321785701

5th Canadian edition

Authors: Frederic S. Mishkin, Apostolos Serletis

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