Which of the Following Entries Would Appear on the Liabilities

question 95

Multiple Choice

Which of the following entries would appear on the liabilities side of the Bank of Canada's balance sheet?

• A)deposit money held in accounts at Canada's commercial banks
• B)Government of Canada securities
• C)foreign currency reserves
• D)paper notes in circulation
• E)Canadian corporate securities

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Definitions:

Submission

The action of accepting or yielding to a superior force or to the will or authority of another person.

Pain

An uncomfortable sensation that can range from mild, localized discomfort to unbearable agony, either physical or emotional.

Fetishism

A form of sexual desire in which gratification is linked to an abnormal degree to a particular object, item of clothing, or body part.

Arousal

A physiological and psychological state of being awake or reactive to stimuli.