Poloz to Step Down as Bank of Canada Governor
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a significant factor in the expectation that Stephen Poloz would serve only one term as Governor?
His personal health issues
Pressure from the Canadian government
A global recession
His age and the length of another term
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the Bank of Canada's approach to interest rates under Poloz differ from other central banks?
It increased rates more aggressively than any other bank
It kept rates constant throughout his tenure
It normalized interest rates while others were easing
It followed the global trend of lowering rates
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major constraint on Canadian policymakers when considering interest rate cuts?
Political instability
High levels of household debt
Low inflation rates
Strong economic growth
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was one of Stephen Poloz's achievements during his tenure as Governor?
Implementing a new currency system
Increasing the Canadian dollar's value
Maintaining inflation at target levels
Reducing household debt significantly
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What challenge does the Canadian economy face moving forward, as highlighted in the evaluation of Poloz's performance?
A massive household debt burden
A declining export market
A shortage of skilled labor
A lack of technological innovation
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