Which of the following is an asset of the Bank of Canada?
A)loans to depository institutions
B)Bank of Canada notes
C)depository institution deposits
D)deposits of private Canadian citizens
E)loans to private Canadian citizens

Question

Quizplus · Accepted Answer

The Bank of Canada's assets include loans to depository institutions, as these are financial assets that the bank holds. Other options like Bank of Canada notes and deposits are liabilities, not assets.

Which of the Following Is an Asset of the Bank