Which of the Following Is Part of Open-Market Operations

question 23

Multiple Choice

Which of the following is part of open-market operations?  

• A) the clearing of cheques 
• B) the lending of money to member banks 
• C) the Bank of Canada's purchase and sale of government securities 
• D) any monetary policy actions

---

Definitions:

Intestate

The condition of having died without having made a valid will, leading to the distribution of assets according to state laws.

Real Property

Land and anything permanently attached to it, such as buildings, trees, and minerals, distinguished from personal property.

Domicile

A place where a person lives or has his home; in a strict legal sense, the place where he has his true, fixed, permanent home and principal establishment, and to which place he has, whenever he is absent, the intention of returning.

Trustee's Fiduciary Duties

Obligations of a trustee to act in the best interests of the beneficiaries, including duties of loyalty, care, and impartiality.