Ch 14 The banks of Canada and the tools of Monetary policy.docx

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Ch 14 The banks of Canada and the tools of Monetary policy 1. central banks emerged to:
2. Bank of Canada: 1935 why?
BOC independent?
Crow Dec. 1992 3% 1995 2% 1996 <2% openness of monetary policy: (first time opened the black box) publication of BOC monetary report Thiessen 1-3%

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