Solved

The Unique Contribution of the Bank of Canada in Maintaining

Question 99

Multiple Choice

The unique contribution of the Bank of Canada in maintaining the stability of the financial system stems from it capacity to


A) provide deposit insurance.
B) conduct fiscal policy.
C) function as a lender of last resort.
D) make loans directly to the public.
E) pass banking legislation without government approval.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions