In Canada,chartered bank reserves consist of:
A) currency and the deposits of bank customers.
B) vault cash and deposits at the Bank of Canada.
C) gold deposits at the Bank of Canada.
D) the money supply.
Correct Answer:
Verified
Q14: Liabilities of chartered banks include:
A) reserves.
B) currency
Q15: Assets of chartered banks include:
A) money market
Q17: The basic definition of the money supply
Q18: The size of the monetary base is
Q20: In a fractional-reserve banking system,banks create money
Q21: When the Bank of Canada conducts an
Q25: Banks create money in:
A) a 100-percent-reserve banking
Q28: If the currency-deposit ratio equals 0.5 and
Q50: If currency held by the public equals
Q70: If the monetary base equals $400 billion
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