Question: Read this article (https://www.bankofcanada.ca/2020/08/understanding-inflation-targeting/) about Understanding inflation targeting and answer the following questions: (20 points) a. Why does Bank of Canada have a target for

Read this article (https://www.bankofcanada.ca/2020/08/understanding-inflation-targeting/) about Understanding inflation targeting and answer the following questions: (20 points)

a. Why does Bank of Canada have a target for inflation?

b. When does inflation deviate from the target?

And how does central bank respond when inflation deviate from the target?

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