When the Bank of Canada makes an open market sale, its assets ________ and its liabilities ________.
A) decrease; decrease
B) decrease; increase
C) increase; increase
D) increase; decrease
E) decrease; do not change
Correct Answer:
Verified
Q42: When the Bank of Canada sells government
Q43: The Bank of Canada does not do
Q44: When the Bank of Canada makes an
Q45: A bank can create money by
A)selling some
Q46: The reserves of a bank include
A)the cash
Q48: Choose the statement that is incorrect.
A)A chartered
Q49: Which of the following is an economic
Q50: Pooling risk
A)refers to a default contract made
Q51: Excess reserves are
A)desired reserves minus actual reserves.
B)required
Q52: The Bank of Canada is the lender
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