The more people decide to hold currency,the
A) larger the actual money multiplier.
B) smaller the actual money multiplier.
C) larger the money supply.
D) greater control the Bank of Canada has over the money supply.
Correct Answer:
Verified
Q85: The CDIC was created because
A)banks failed to
Q86: The money multiplier is 5 when
A)the reserve
Q87: The CDIC can
A)charge all banks different rate.
B)pay
Q88: If there are $5 million in excess
Q89: If the Bank of Canada decreases the
Q91: The Canadian Deposit Insurance Corporation insures
A)banks against
Q92: Deposit insurance shields depositors from the adverse
Q93: The CDIC fee system encourages depository institutions
Q94: If depository insurance exists,bank managers may make
Q95: If there are zero excess reserves in
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