Multiple Choice
The most frequently used tool of monetary policy in Canada to influence the money supply is:
A) deposit switching.
B) open-market operations.
C) changes in reserve requirements.
D) changes in interest rate paid on reserves.
Correct Answer:
Verified
Correct Answer:
Verified
Q7: Banks create money in:<br>A) a 100-percent-reserve banking
Q18: Minimum reserve requirements:<br>A)are set at 10 percent
Q20: In Canada, the money supply is determined:<br>A)only
Q24: Demand deposits are funds held in:<br>A)currency.<br>B)certificates of
Q26: When a pizza maker lists the price
Q30: In a 100-percent-reserve banking system, banks:<br>A) can
Q66: Credit card balances are included in:<br>A) M1
Q77: The money supply will decrease if the:<br>A)
Q93: An important factor in the evolution of
Q95: Assets of banks include:<br>A) money market mutual