Multiple Choice
When you write your rent cheque on your credit union account and your landlord deposits it in her account at the Bank of Montreal,what will be the impact in the banking system?
A) Chartered bank reserves will rise.
B) Deposits at the Bank of Canada will fall.
C) Deposits at the Bank of Canada will rise.
D) M2 will increase and M2+ will fall.
Correct Answer:
Verified
Correct Answer:
Verified
Q7: If people expect increasing inflation,what change would
Q8: If the Bank of Canada buys a
Q9: If the Bank of Canada sells a
Q10: What would constitute contractionary monetary policy by
Q11: The interest rate that the Bank of
Q13: What action will the Bank of Canada
Q14: What is the equation of exchange?<br>A)the price
Q15: Under what circumstances can real GDP rise
Q16: Velocity using the M2 measure of money
Q43: If money supply increases, P will rise