(12)If the Bank of Canada\'s powers were to be diluted, this could come at the e

Question

(12)If the Bank of Canada's powers were to be diluted, this could come at the expense of a loss in its independence and the goal of_______________could be put in jeopardy. Select one: a. low unemployment b. high growth c. price stability d. a fixed exchange rate (12)If the Bank of Canada's powers were to be diluted, this could come at the expense of a loss in its independence and the goal of_______________could be put in jeopardy. Select one: a. low unemployment b. high growth c. price stability d. a fixed exchange rate (12)If the Bank of Canada's powers were to be diluted, this could come at the expense of a loss in its independence and the goal of_______________could be put in jeopardy. Select one: a. low unemployment b. high growth c. price stability d. a fixed exchange rate

Explanation / Answer

As per the Bank of Canada’s act, the four major objectives of Bank are:

If we see the above act of Bank of Canada, the option “c” that is price stability is correct.

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