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    Contemporary Business Study Set 2
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    Exam 16: The Financial System
  5. Question
    The Interest Rate at Which the Bank of Canada Makes
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The Interest Rate at Which the Bank of Canada Makes

Question 20

Question 20

Multiple Choice

The interest rate at which the Bank of Canada makes short-term loans to member banks is called the ______.


A) federal funds rate
B) margin rate
C) discount rate
D) reserve requirement

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