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In September 2015, the unemployment rate was 7.0 percent, the inflation rate was 0.1 percent, and the overnight loans rate target was 0.5 percent. In September 2017, the unemployment rate was 6.2 percent, the inflation rate was 1.4 percent, and the overnight loans rate target was 1.0 percent. Why might the Bank of Canada decide to keep the overnight loans rate at 1 percent in 2018? The Bank of might decide to keep the overnight rate at 1 percent in 2018 if any of the following occur except ______. A. the inflation rate remains relatively steady B. the Canadian dollar depreciates C. the world economy shows signs of a slow expansion D. the unemployment rate begins to fall or remains steady

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In September​ 2015, the unemployment rate was 7.0​ percent, the inflation rate was 0.1​ percent, and the overnight loans rate target was 0.5 percent. In September​ 2017, the unemployment rate was 6.2​ percent, the inflation rate was 1.4​ percent, and the overnight loans rate target was 1.0 percent.

 

Why might the Bank of Canada decide to keep the overnight loans rate at 1 percent in​ 2018?

 

The Bank of might decide to keep the overnight rate at 1 percent in 2018 if any of the following occur except ​______.

A.

the inflation rate remains relatively steady

B.

the Canadian dollar depreciates

C.

the world economy shows signs of a slow expansion

D.

the unemployment rate begins to fall or remains steady

✅ Answers (1)

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Private answer

In September​ 2015, the unemployment rate was 7.0​ percent, the inflation rate was 0.1​ percent, and the overnight loans rate target was 0.5 percent. In September​ 2017, the unemployment rate was 6.2​ percent, the inflation rate was 1.4​ percent, and the overnight loans rate target was 1.0 percent.

 

Why might the Bank of Canada decide to keep the overnight loans rate at 1 percent in​ 2018?

 

The Bank of might decide to keep the overnight rate at 1 percent in 2018 if any of the following occur except ​______.

A.

the inflation rate remains relatively steady

B.

the Canadian dollar depreciates

C.

the world economy shows signs of a slow expansion

D.

the unemployment rate begins to fall or remains steady

The Bank of Canada decide to keep the overnight loans rate at 1 percent in​ 2018 because the unemployment rate is decreasing and inflation is increasing so to keep a check on liquidity in the economy.

 

  1. the Canadian dollar depreciates

Explanation:

 

The Bank of Canada decide to keep the overnight loans rate at 1 percent in​ 2018 because the unemployment rate is decreasing and inflation is increasing so to keep a check on liquidity in the economy.

 

  1. the Canadian dollar depreciates
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Answered on June 24, 2020 8:20 pm

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