Which of the following statements about the Bank of Canada is most accurate?
A) The Bank of Canada is an agency of the Federal Government that has the responsibility of collecting tax receipts for Revenue Canada.
B) The Bank of Canada manages the Canadian money supply and interest rates.
C) The Bank of Canada is the primary government agency involved in carrying out our nation's fiscal policies.
D) The Bank of Canada is the agency of the government that ensures that Canada maintains enough gold reserves to pay any foreign debts that result from international trade.
Correct Answer:
Verified
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