In 2005, Canada Was Ranked Number One in the World

question 10

True/False

In 2005, Canada was ranked number one in the world on a list of countries perceived to be free of corruption.

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Definitions:

High Prices

Situations where the cost of goods and services are above average or expected levels.

Fed

The Fed, short for Federal Reserve System, is the central banking system of the United States, responsible for monetary policy, including regulating banks and managing the country's money supply.

Member Bank Reserves

The portion of deposits that banks must hold in reserve, either as physical cash or as deposits with the central bank, to ensure liquidity.

Issuing Bank Notes

The process by which a central bank or monetary authority prints and distributes the national currency, which serves as legal tender.