How Is the Major Portion of the Canadian Money Supply
How is the major portion of the Canadian money supply created?
A)By the actions of the Canadian mint.
B)By the actions of the commercial banks and the Bank of Canada.
C)Through the receipt of gold bullion via international trade.
D)By the actions of the Department of Finance.
E)Through loans from the International Monetary Fund.
What is the approximate value of the 2016 M2 supply of money in Canada?
What is the difference between the M1 and M2 definitions of money?
A)The M1 definition includes currency in circulation;the M2 definition does not.
B)The M2 definition includes notice deposits and personal term deposits.
C)The M2 definition includes government bonds.
D)The M2 definition includes cash held by commercial banks.
E)The M2 definition includes certificates of deposit
Refer to the information above to answer this question.Which item(s)is included in the M1 definition of money?
B)2,3 and 4.
C)3 and 4.
D)3,4 and 6.