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4. Which of the following represents an action by the Bank of Canada that is designed to Decrease the money supply? A. an increase in federal tax rates B. selling government securities in the open market C. a decrease in the Bank rate D. a transfer of government funds from the Bank of Canada to private banks
Selling government securities in the open market represents an action by the Bank of Canada that is designed to decrease the money supply.
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Asked 4/18/2013 11:27:51 PM
Updated 1/16/2016 8:15:50 PM
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Selling government securities in the open market represents an action by the Bank of Canada that is designed to decrease the money supply.

Added 1/16/2016 8:15:50 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [1/18/2016 9:45:29 AM]
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