QUESTION 12 The entity responsible for making the monetary policy decisions in t

Question

QUESTION 12 The entity responsible for making the monetary policy decisions in the European Central Bank is the a" governing council. b, executive board e c general council e d president of the ECB. QUESTION 13 The Bank of England has two primary responsibilities, which are and stability: monetary stability e b economic growth: financial stability () c monetary stability, financial stability # d economic growth: employment stability QUESTION 14 The two major goals of Canadian monetary policy are e a economic growth: low unemployment and b inflation control, economic growth c flexible exchange rates, economic growth d flexible exchange rates: unflation control

Explanation / Answer

12 ) a. governing council , Monetary policy's main decisions are made by Governing council and implemented by Executive Board

13) c. monetary stability , financial stability , UK's central bank is known as Bank Of England and it has two primary responsibility to provide stability in economic and money

14)   d. flexible exchange rate , inflation control , stability in price and exchange rates are two goals of Canadian Monetary Policy

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