In Canada, bank reserves consist of:
A) currency and demand deposits.
B) vault cash and deposits at the Bank of Canada.
C) gold deposits at the Bank of Canada.
D) the money supply.
Correct Answer:
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Q23: Payment is deferred by using _, but
Q26: Financial intermediation is the process of:
A)settling disputes
Q27: In a 100-percent-reserve banking system, if a
Q28: Chequing account balances that are linked to
Q29: In a system with fractional-reserve banking:
A)all banks
Q31: Money market mutual fund shares are included
Q34: Credit card balances are included in:
A) M1
Q36: In Canada, the money supply is determined:
A)only
Q38: Liabilities of banks include:
A) reserves.
B) currency in
Q40: In a 100-percent-reserve banking system, banks:
A) can
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