53. Suppose the Canadian economy had a recessionary gap. To increase the level of desired aggregate expenditure, the Bank of Canada could increase the reserve requirements of the commercial banks....




53. Suppose the Canadian economy had a recessionary gap. To increase the level of desired aggregate expenditure, the Bank of Canada could






























increase the reserve requirements of the commercial banks.


increase its spending.


sell securities in the open market.


raise the bank rate.


reduce its target for the overnight interest rate.









Jun 09, 2022
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