Multiple Choice
Which of the following is an asset of the Bank of Canada?
A) depository institution deposits
B) deposits of private Canadian citizens
C) loans to private Canadian citizens
D) loans to depository institutions
E) Bank of Canada notes
Correct Answer:
Verified
Correct Answer:
Verified
Q72: Everything else remaining the same, an increase
Q73: Quantitative easing<br>A)is an open market purchase of
Q74: The equation of exchange is<br>A)Y = M.<br>B)MV
Q75: Use the figure below to answer the
Q76: Excess reserves are<br>A)desired reserves minus actual reserves.<br>B)required
Q78: GDP is $2,000 billion, the GDP deflator
Q79: Liquidity is<br>A)the degree of uncertainty about the
Q80: Use the information below to answer the
Q81: The amount of real money people want
Q82: Bank of Canada notes are<br>A)an asset of