The Largest Component of the Liabilities of the Bank of Canada

question 44

Multiple Choice

The largest component of the liabilities of the Bank of Canada is

• A)Government of Canada deposits.
• B)Canadian dollars in circulation.
• C)deposits of commercial banks and other financial institutions.
• D)Government of Canada securities.
• E)loans to private individuals.

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Definitions:

Marketing Chain

The series of processes and activities involved in moving a product from producer to consumer, including distribution and selling.

Vertical Merger

A merger between companies in the same industry but at different stages of the production process, such as a manufacturer merging with a supplier.

Horizontal Merger

A business consolidation that occurs between firms operating in the same industry.

Conglomerate Merger

A merger between companies operating in different industries, aimed at diversification or expansion of a corporate portfolio.