Chapter_Ten - Warning: The purpose of these lecture notes...

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Warning: The purpose of these lecture notes is just to aid you in studying, and they are not designed to replace the textbook or the lectures. Technical problems with the web site do not absolve you of responsibility for lecture material. If you choose to skip a lecture and rely on the web site lecture notes, you do so at your own risk. For tests and exams you are responsible for all material covered in lecture, including material on the chalkboard and overhead projector. If you missed a lecture, be sure to get the complete lecture notes from another student. Chapter Ten Central Banking and Monetary Policy Learning Outcomes This chapter explains: Central banking and the Bank of Canada Central banking operating techniques to control money supply and interest rates Monetary policy targets in Canada Monetary policy instruments and policy rules The effects of monetary policy on aggregate demand The long-run neutrality of money Monetary policy indicators Central Banking and the Bank of Canada Central Bank Monetary Policy central bank action to change money supply, interest rates, and exchange rates, to
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Chapter_Ten - Warning: The purpose of these lecture notes...

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