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In September​ 2015, the unemployment rate was 7.0​ percent, the inflation rate was 0.1​ percent, and...

In September​ 2015, the unemployment rate was 7.0​ percent, the inflation rate was 0.1​ percent, and the overnight loans rate target was 0.5 percent. In September​ 2017, the unemployment rate was 6.2​ percent, the inflation rate was 1.4​ percent, and the overnight loans rate target was 1.0 percent.

Why might the Bank of Canada decide to raise the overnight loans rate in​ 2018? The Bank Canada might decide to raise the overnight rate in 2018 if​ _______.

A. it thought that the rising inflation rate was a greater problem than the rising unemployment rate

B. the quantity of loanable funds supplied exceeded the quantity of loanable funds demanded

C. it thought that the rising unemployment rate was a greater problem than the rising inflation rate

D. the Prime Minister encouraged it to take such action

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