The currency-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
Q32: To increase the monetary base,the Bank of
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A)currency.
B)demand deposits.
C)the
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Q35: The reserve-deposit ratio is determined by:
A) the
Q42: If the Bank of Canada wishes to
Q45: The preferences of households determine the:
A) reserve-deposit
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Q76: The money supply will increase if the:
A)
Q79: If the reserve-deposit ratio is less than
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