The Bank of Canada's Largest Liability Is

question 59

Multiple Choice

The Bank of Canada's largest liability is

• A)notes in circulation at banks.
• B)notes in circulation outside banks.
• C)deposits at members of the CPA.
• D)Treasury bills.

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Definitions:

Volume

The amount of space that a substance or object occupies or that is enclosed within a container.

Temperature

A measure of the average kinetic energy of the particles in a substance, indicating how hot or cold the substance is.

°C

A unit of temperature on the Celsius scale.