Question: ECON 1112 Assignment 2 March 2022 10% A. Using internet resources for chartered banks as well as the Bank of Canada's website, find the following

ECON 1112 Assignment 2 March 2022 10% A. Using internet resources for chartered banks as well as the Bank of Canada's website, find the following information: 1. i. Identify the target for the overnight rate. ii. Find the money supply measurements for cash in circulation, M1+ and M2+. 2. Find a current mortgage rate offered by each of 5 Canadian chartered banks. B. Using your knowledge of monetary policy, predict the direction of interest rates in Canada for the next 6 months. Support your statements with material from the class/textbook. Record all answers below and include your name on the sheet, then upload to the Moodle Dropbox: by 8pm on Thursday April 7 for Sec OA09

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