The largest component of the liabilities of the Bank of Canada is
A) Government of Canada deposits.
B) Canadian dollars in circulation.
C) deposits of commercial banks and other financial institutions.
D) Government of Canada securities.
E) loans to private individuals.
Correct Answer:
Verified
Q30: Commercial banks in Canada
A)have a reserve ratio
Q31: Doug compares the unit price of chocolate
Q32: A central bank can "create" money by
A)increasing
Q33: The concept of "near money" refers to
A)cheques
Q34: Suppose Bank ABC has a target reserve
Q36: Which of the following examples constitutes a
Q37: A bank run is unlikely to occur
Q38: The use of money in an economy
Q39: Which of the following illustrates the use
Q40: As a measure of the Canadian money
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