What is the Bank of Canada?
A) A state-owned central bank,whose basic goal is to provide income for the Government of Canada.
B) A privately-owned central bank,whose basic goal is to earn profits for its owners.
C) A state-owned central bank,whose basic goal is to control the money supply and thereby help to promote general economic welfare.
D) A privately-owned central bank,whose basic function is to minimize the risk for commercial banks in order to make them reasonably secure and profitable.
E) A privately-owned central bank,whose basic goal is to provide a market for Government of Canada securities.
Correct Answer:
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