What Is the Proportion of Public-Sector Workers to Private-Sector Workers

question 29

Multiple Choice

What is the proportion of public-sector workers to private-sector workers in Canada?

• A) 1:2
• B) 1:3
• C) 1:4
• D) 1:5

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Definitions:

Small Banks

Financial institutions with a smaller asset base and local focus providing banking services to individuals and businesses in their communities.

Primary Reserves

Funds that financial institutions must hold in physical form, such as cash in vaults or deposits with central banks, as a measure of liquidity and financial stability.

Secondary Reserves

Liquid assets held by financial institutions as backup funds for unforeseen needs, not directly utilized in lending or investment.

Required Reserves

The minimum amount of funds that banks are required to hold in reserve against deposits, as mandated by central banks.