Basic Functions of the Bank of Canada Include

question 11

Multiple Choice

Basic functions of the Bank of Canada include
1) acting as lender of last resort to private non-financial corporations;
2) acting as banker for the chartered banks.
3) regulating the money supply.

• A)1 only
• B)2 only
• C)3 only
• D)2 and 3
• E)1,2,and 3

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Definitions:

Recognition And Praise

Acknowledgment and appreciation shown towards individuals for their achievements or contributions, often used as a motivational tool.

Herzberg

A reference to Frederick Herzberg, a psychologist best known for introducing the two-factor theory of motivation, contrasting hygiene factors with motivators.

Dissatisfiers

Factors that, when present, can cause dissatisfaction among employees or customers, but their absence doesn't necessarily lead to satisfaction; often related to basic expectations.

Job Enrichment

Job enrichment is a design principle aimed at enhancing a job's content by adding tasks that increase responsibility, autonomy, and opportunities for personal growth in the role.