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Basic Functions of the Bank of Canada Include

Question 11

Multiple Choice

Basic functions of the Bank of Canada include
1) acting as lender of last resort to private non-financial corporations;
2) acting as banker for the chartered banks.
3) regulating the money supply.


A) 1 only
B) 2 only
C) 3 only
D) 2 and 3
E) 1,2,and 3

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