What is overnight interest rate

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Reference no: EM133205035

Q1 What is overnight interest rate?

(2) If the overnight target rate is 1.75%, what will be the Bank rate, and what will be the Deposit rate?(see my lecture notes)

(3) If the Bank of Canada fears recession, it will reduce interest rate. How will interest rate help in reversing recession? (See my power-points, there are are two diagrams in my poerpoints)

(d) What is bank Rate?

(e) What are SPRAS and SRAS(See my lecture notes and Pwerpoints)

Reference no: EM133205035

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