Which of the Following Statements Is Not Correct

question 36

Multiple Choice

Which of the following statements is not correct?

• A)The money supply increases when the Bank of Canada buys bonds from households or businesses.
• B)Excess reserves are the amount by which actual reserves exceed desired reserves.
• C)Chartered banks increase the money supply when they lend to households or businesses.
• D)Bank reserves are an asset to banks but a liability to the Bank of Canada.
• E)The money supply decreases when the Bank of Canada buys bonds from households or businesses.

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Definitions:

Wilcoxon Signed-Rank Test

Employing no assumptions about data parameters, this statistical test is used for examining whether the population mean ranks differ across two related samples, matched samples, or repeated tests on the same individual sample.

Paired Experiment

A study design where participants are matched in pairs and each pair is treated differently to investigate the effects of the treatment.

Test Statistic

A value calculated from sample data during a hypothesis test that is used to determine whether the null hypothesis can be rejected.

Critical Value

In hypothesis testing, a point on the test distribution that is compared to the test statistic to decide whether to reject the null hypothesis.