Bank of Canada Cuts Rates by 50 Basis Points to 3.25%
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Business
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current policy rate after the fifth consecutive decrease?
2.5%
3.25%
4%
3.75%
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which currency has appreciated against the Canadian dollar?
Euro
US Dollar
Japanese Yen
British Pound
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the growth rate of Canada's economy in the third quarter?
1.5%
2%
1%
0.5%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which factors contributed to the slowdown in Canada's third-quarter growth?
Tourism and agriculture
Government spending and imports
Business investment, inventories, and exports
Consumer spending and housing activity
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one significant policy measure affecting Canada's future GDP growth?
Reduced immigration targets
Higher taxation
Increased government spending
Increased interest rates
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