What Was One of the Key Findings of a 2008

question 29

Multiple Choice

What was one of the key findings of a 2008 report regarding training legislation in Quebec

• A)the legislation had little impact on the ways Quebec firms deliver training
• B)fewer companies planned and implemented training programs
• C)Quebec leads the national average in training participation rates
• D)all stakeholders must work together to find ways to promote training

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Definitions:

Excess Reserves

Banking reserves that are held by a bank in excess of what is required by regulations or central bank requirements.

Required Reserves

The minimum amount of reserves a bank is mandated to hold by central banking authorities, often a percentage of the bank's deposit liabilities.

Treasury Bill

A short-term government security issued at a discount from the face value and returning the face amount upon maturity, commonly used as a safe and liquid investment.

Reserve Requirement

The minimum amount of reserves that banks must hold against deposits, set by central banks to control the money supply.