The Bank of Canada's Largest Asset Is

question 56

Multiple Choice

The Bank of Canada's largest asset is

• A)foreign currency deposits.
• B)advances to members of the CPA.
• C)notes in circulation.
• D)Treasury bills.

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Definitions:

Per Capita Income

A measure of the average income earned per person in a certain area in a specified year.

Economic Forces

Fundamental market pressures that influence the supply, demand, and pricing of goods and services within an economy.

Multinational Companies

Are corporations that operate in multiple countries aside from their home country, managing production or services across international borders.