In Canada, the Small-Denomination, Short-Term Certificates of Deposit Issued by Banks

question 23

Multiple Choice

In Canada, the small-denomination, short-term certificates of deposit issued by banks and trust companies are called

• A) Eurodollars
• B) commercial papers
• C) wholesale deposits
• D) bankers' acceptance
• E) GICs

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Definitions:

Tyranny

A form of government in which a single ruler holds absolute power and often governs without regard for justice or the rights of citizens.

French Political

Relating to the politics of France, known for its semi-presidential system, bicameral legislature, and a history of both monarchy and republicanism.

Democratic Governments

Systems of governance where power is vested in the people, who exercise that power directly or through elected representatives.

British Rule

British Rule refers to the period of history when various parts of the world were governed and administrated by Britain, including the colonial period in America ending with the Revolutionary War.