The Reserve-Deposit Ratio Is Determined By

question 63

Multiple Choice

The reserve-deposit ratio is determined by:

• A)the Bank of Canada.
• B)business policies of banks and opportunities for banks to lend.
• C)preferences of households about the form of money they wish to hold.
• D)the Canada Deposit Insurance Corporation (CDIC).

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Definitions:

Social Pressure

The influence that is exerted on individuals by others, or by society as a whole, to act or think in certain ways.

Inconsistent With Attitudes

A psychological state where an individual's behaviors do not align with their beliefs or feelings.

Situations

Instances or sets of circumstances that occur or are perceived by individuals, often influencing their behavior and decisions.

Actions

The process of doing something in order to achieve a goal or perform a task.