Bank of Canada Notes Are

question 82

Multiple Choice

Bank of Canada notes are

• A)an asset of the chartered banks.
• B)part of M1 when they are held in a bank's vault.
• C)a liability of the Bank of Canada.
• D)a liability of the chartered banks.
• E)an asset of the Bank of Canada.

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Definitions:

Defining Characteristic

A quality or feature that distinctively identifies an individual, group, or thing.

Liden's Servant Leadership

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Antecedent Condition

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