The size of the monetary base is determined by:
A) the Bank of Canada.
B) the Bank of Canada and the chartered banks.
C) preferences of households about the form of money they wish to hold.
D) business policies of banks and the laws regulating banks.
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
Q19: In Canada,chartered bank reserves consist of:
A) currency
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
Q36: In Canada, the money supply is determined:
A)only
Q70: If the monetary base equals $400 billion
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