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BCN Keeps Benchmark Interest Rate Unchanged

BCN Keeps Benchmark Interest Rate Unchanged

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Governor Stephen Poloz's approach regarding the stimulus budget?

He chose to wait for it before making decisions.

He decided to implement it immediately.

He planned to increase interest rates before its release.

He rejected the idea of a stimulus budget.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the market's expectation for a rate cut by December?

One in two chance

Certain to happen

One in three chance

No chance at all

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current inflation target set by Poloz?

2%

1%

2.5%

1.5%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the projected unemployment rate for Canada this year?

8.0%

7.2%

6.8%

5.5%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the fall of the Canadian dollar affected imports?

Made imports more expensive

Had no effect on import prices

Increased the demand for imports

Made imports cheaper

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