The reserve-deposit ratio is determined by:
A) the Bank of Canada.
B) business policies of chartered banks and the laws regulating banks.
C) preferences of households about the form of money they wish to hold.
D) the Canadian Deposit Insurance Corporation (CDIC) .
Correct Answer:
Verified
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A)currency.
B)demand deposits.
C)the
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A) the
Q45: The preferences of households determine the:
A) reserve-deposit
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A)
Q79: If the reserve-deposit ratio is less than
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