The Bank of Canada can influence the money supply using:
A)open-market operations and deposit switching.
B)open-market operations and excess reserve swaps.
C)changes in the reserve-deposit ratio and the currency-deposit ratio.
D)changes in the amount of corporate bonds.

Question

Quizplus · Accepted Answer

The Bank of Canada can influence the money supply through open-market operations, which involve buying or selling government securities, and deposit switching, which involves transferring government deposits between the Bank of Canada and commercial banks.

The Bank of Canada Can Influence the Money Supply Using