The primary assets of the Bank of Canada are:
A) loans to government and chartered banks.
B) cash and chartered-bank deposits.
C) cash and government bonds.
D) loans to government and chartered-bank deposits.
Correct Answer:
Verified
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Q41: If the reserve ratio is 10 percent
Q42: Chartered-bank reserves are:
A) liabilities to both the
Q43: If the Bank of Canada sells $500
Q44: If a chartered bank gets a loan
Q45: Treasury bills:
A) are liquid assets.
B) represent debt
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