The Functions of the Bank of Canada Include

question 70

Multiple Choice

The functions of the Bank of Canada include

• A)acting as the lender of last resort for the largest private corporations.
• B)acting as banker for the commercial banks.
• C)regulating banks and the stock market.
• D)setting the exchange rate for the Canadian dollar on world markets.
• E)providing deposit insurance at Canadian commercial banks.

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Definitions:

Social Cognitive Theory

A theoretical framework that emphasizes the importance of observational learning, imitation, and modeling in acquiring new behaviors.

Modelling

The representation or duplication of behaviors, attitudes, or physical attributes of individuals or systems, often used in learning or problem-solving contexts.

Partial Reinforcement

A conditioning process in which a reward or punishment is administered only some of the time after the desired behavior occurs, leading to stronger behavioral responses.

Delayed Reinforcement

A consequence that follows an action or behavior with a significant time gap, which can impact the strength and formation of the associated behavior.