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An Example of "Interbank Activities" in the Canadian Banking System

Question 53

Multiple Choice

An example of "interbank activities" in the Canadian banking system is


A) banks pooling their money together to fund the operations of the Bank of Canada.
B) banks lending money to each other in order to meet daily cash requirements.
C) the joint regulation of financial markets.
D) the joint regulation of the money supply.
E) lender of last resort to the banking system.

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