The Bank of Canada preserves the stability of the financial system by
A) serving as a lender of last resort.
B) issuing currency.
C) acting as banker to the government.
D) managing the money supply.
E) holding reserves of foreign currency.
Correct Answer:
Verified
Q61: Reserves held by Canadian banks represent _
Q62: Canadian currency today is
A) credit money.
B) deposit
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A) credit money.
B) deposit
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Q65: Debit cards are an example of deposit
Q67: Which is not a role of the
Q68: A debit card is
A) deposit money.
B) not
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