Which of the Following Will Result in an Decrease of the Money

question 53

Multiple Choice

Which of the following will result in an decrease of the money supply?

• A) An increase in taxes
• B) Purchase of securities by the Bank of Canada
• C) A decrease in the bank rate
• D) An increase in the discount rate
• E) A decrease in reserve requirements

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Definitions:

Conversion

The unauthorized act of taking someone else's property and using or treating it as one's own, thereby infringing on the owner's rights.

Dominion

Supreme authority or control over property or territory.

Plaintiff's Consent

Agreement by a plaintiff to a course of action or condition in the context of legal proceedings.

Defamation

Defamation is the act of communicating false statements about a person that injure the reputation of that person.