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Business English Exercises

Canada's Monetary Policy

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Home > Teaching Business English > Business English Lessons, Advanced Level # 155
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Monetary policy is concerned with how much money ......... in the economy, and what that money is worth.

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The ......... of the Bank of Canada's monetary policy framework is its inflation-control system, the goal of which is to keep inflation near 2 per cent.

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Inflation is a ......... rise over time in the average price of goods and services.

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This system provides a clear ......... of the effectiveness of monetary policy, and increases the predictability of inflation.

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When the level of demand for Canadian goods and services is ........., it can push the economy against the limits of its capacity to produce.

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501 Business English Exercises — Printable, photocopiable.
For use in a classroom, at home, on your PC or anywhere.

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This tends to raise inflation above the midpoint, so the Bank will raise interest rates to ......... off the economy.

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When demand is weak, inflationary pressures are likely to ..........

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The Bank will then lower interest rates to stimulate the economy and absorb economic ..........

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The Bank carries out monetary policy by influencing short-term interest rates, and it does this by raising and lowering the target for the overnight rate, the interest rate at which major financial institutions borrow and lend one-day funds among ..........

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The goal of Canadian monetary policy is to contribute to rising living ......... for all Canadians through low and stable inflation.

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Business English Practice Exercises Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
You will be exposed to a wealth of authentic sample sentences that include a great variety of themes. This compact Business English Test Package is the only printable English test collection currently available on the Internet. It contains 501 Business English Exercises (10 questions per test plus answer keys).  Get your unique Business English Practice Exercises now!

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