The Amount of Currency in Circulation in the Canadian Economy

question 91

Multiple Choice

The amount of currency in circulation in the Canadian economy is described as being endogenous to the system.This is because

• A)the process of deposit creation by the commercial banks is determined by the Bank of Canada.
• B)the commercial banks determine the currency in circulation in response to the Bank of Canada's changes to the money supply.
• C)the Bank of Canada conducts its open-market operations in response to the changing demand for cash from the commercial banks.
• D)the Bank of Canada targets the money supply directly.
• E)the Bank of Canada targets the currency in circulation directly.

Comprehend the concept of Corporate Social Responsibility (CSR) and its importance.

Identify the principles and criticisms of free market ethics as advocated by Milton Friedman.

Distinguish between different philosophies including utilitarianism, deontology, and the Ethic of Care.

Describe the characteristics, rights, and obligations of shareholders and benefit corporations.

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Definitions:

Smooth Muscle

A type of muscle tissue which is not under conscious control, found in the walls of internal organs such as the stomach and intestines.

Humerus

The long bone in the upper arm or forelimb, extending from the shoulder to the elbow.

Cartilaginous Skeleton

A type of anatomical structure where the skeleton is made entirely of cartilage, as seen in sharks and rays.

Sharks

Predatory fish known for their strength, efficiency as hunters, and, in many species, a cartilaginous skeleton.