Which of the Following Examples Constitutes a New Deposit to the Canadian

question 72

Multiple Choice

Which of the following examples constitutes a new deposit to the Canadian commercial banking system?

• A)an individual puts cash in a safety- deposit box
• B)the Bank of Canada sells government securities to an individual or a firm
• C)an individual transfers money from ShipShape Credit Union to Scotiabank
• D)an individual immigrates to Canada and deposits money from abroad
• E)the Bank of Canada buys foreign currency from abroad

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Definitions:

Cash Cow

A product, service, or business unit that generates significantly more money than it costs to maintain, often providing the funding necessary to support other business activities.

Question Mark

In the context of business, a Question Mark refers to products in the Boston Consulting Group matrix that have low market share in high-growth markets, indicating uncertainty.

Boston Consulting Group

A global management consulting firm known for its expertise in business strategy, including the development of the growth-share matrix, which helps companies with portfolio management.

Stars

Objects in space consisting of hot plasma emitting light, or in a business context, products or business units with high market share in fast-growing industries.