The Amount of Currency in Circulation in the Canadian Economy

question 63

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

---

Definitions:

Psychiatric Ward

A specialized hospital or section of a hospital providing care and treatment for people with mental illness.

Delusional Thinking

A mental state where a person holds beliefs that are contradicted by reality or rational argument, typically as a symptom of a mental disorder.

Catatonic Symptoms

Behaviors associated with a severe form of schizophrenia characterized by stupor, rigidity, posturing, or agitation, not influenced by the external environment.

Delusional Behavior

Actions that are influenced by beliefs or ideas that are firmly held despite being contradicted by reality or rational argument, typically seen in various psychological disorders.