Which of the Following Is a Tool Used by the Bank

question 35

Multiple Choice

Which of the following is a tool used by the Bank of Canada in managing the money supply in Canada?

• A) open market operations
• B) closed market operations
• C) raising bank taxes
• D) importing foreign currency

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Definitions:

Endoplasmic Reticulum

A network of membranes within the cytoplasm of cells, involved in protein and lipid synthesis.

Mitochondrion

A mitochondrion is a membrane-bound organelle found in the cytoplasm of eukaryotic cells, crucial in energy production through the process of cellular respiration.

Plasma Membrane

The lipid bilayer that encloses the cytoplasm of a cell, controlling the movement of substances in and out of the cell.

Endoplasmic Reticulum

A network of membranous tubules within the cytoplasm of a cell, involved in protein and lipid synthesis, and detoxification processes.