Which Organization Plays the Role of a Central Bank in Canada

question 8

Multiple Choice

Which organization plays the role of a central bank in Canada?

• A) the Royal Canadian Mint
• B) the Toronto Stock Exchange
• C) the Bank of Canada
• D) the Royal Bank of Canada

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Definitions:

Shoes

Components of drum brakes that press outward against the drum to create friction and slow down the vehicle.

Nonservo Brake

A drum brake system where the shoes are not self-energizing, typically requiring more pedal force for braking.

Servo Action

A mechanism that uses feedback to control a device, commonly found in systems requiring precise control of position or speed.

Anchor

A device used to connect a vessel to the bed of a body of water to prevent the craft from drifting due to wind or current.