Which of the Banking Systems Is Followed in Canada

question 16

Multiple Choice

Which of the banking systems is followed in Canada?

• A)The fractional reserve system
• B)The metric reserve system
• C)The imperial reserve system
• D)The multiplicative reserve system

---

Definitions:

Productivity

The measure of the efficiency of production, often evaluated as the output per unit of input in a given time period.

Language

A system of communication using sounds or symbols that enables humans to express thoughts, emotions, ideas, and messages.

Recognize Patterns

The ability to identify recurring shapes, structures, or sequences in sets of information or data.

Concentrated Effort

A focused application of mental or physical energy towards a specific task or goal.