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Homework answers / question archive / An asset that makes one or more fixed money payments at specific dates in the future is called a
An asset that makes one or more fixed money payments at specific dates in the future is called a.. O a. Bond. O b. Stock c. Mutual fund. d. Share.
The operating band is... O a. The amount of money commercial banks must hold as a buffer. b. The amount the government can spend before the Canadian dollar depreciates. O c. The range in which the Bank of Canada tries to keep the overnight rate. d. The name of Dr Nick Riviera's musicial group.
Unconventional monetary policy techniques could include using... a. Forward guidance. b. All of the other options are correct. c. Quantitative easing. d. Moral suasion.
Answer 1
Bond
Reason: Bond is a fixed income instrument. Bonds paid a fixed interest rate to debt holders
Answer 2
The range in which the bank of Canada tries to keep the overnight rate.
Reason: Bank of Canada has a system of operating Band for overnight trading.
Answer 3
All the other options are correct
Reason: forward guidance, quantitative easing and moral suasion are examples of unconventional monetary policy. Quantitative easing means the central bank purchase loner term securities from the forward guidance is a form of communication from central bank to follow the policy. Moral suasion is an advisory action from central bank. Unconventional monetary policy adopted by central bank when conventional instrument ( interest rate, open market operation) fails