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Bank Failures Are Less Likely to Occur in Canada Than

Question 60

Multiple Choice
Bank failures are less likely to occur in Canada than in the U.S.because Canadian banks are

Bank failures are less likely to occur in Canada than in the U.S.because Canadian banks are


A) relatively small.
B) relatively large and well diversified geographically.
C) have larger liquid asset bases.
D) the Bank of Canada monitors the behaviour of the chartered banks.
E) in smaller numbers than in the U.S.

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