________ is the interest rate that the Bank of Canada charges on short-term loans that it makes to major depository institutions when the banking system is temporarily short of reserves.
A) Bank rate
B) The overnight loans rate
C) The Treasury bill rate
D) Prime
E) The federal funds rate
Correct Answer:
Verified
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Q57: Choose the statement that is incorrect.
A)Fractional-reserve banking
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A)is an open market sale of
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