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The Following Are Simplified Balance Sheets for the Chartered Banking

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Essay

The following are simplified balance sheets for the chartered banking system and the Bank of Canada.Perform the two following transactions, (1)and (2),making appropriate changes in columns (1)and (2)in each balance sheet.Do not cumulate your answers.Also,answer these three questions for each part: (a)What change,if any,took place in the money supply as a direct result of this transaction? (b)What change,if any,occurred in chartered bank reserves? (c)What change occurred in the money-creating potential of the chartered banking system if the reserve ratio is 20%? All figures are in billions of dollars.


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Patriarchal Societies

Social systems in which men hold primary power and predominate in roles of political leadership, moral authority, social privilege, and control of property.

Matriarchal Societies

Communities or societies where power and inheritance are passed through the female line, and women hold primary positions of authority.

Egalitarian Societies

Communities or societies that emphasize equality for all members, minimizing hierarchy and differences in wealth, status, and power.

Authoritarian Societies

Societies characterized by strict obedience to authority at the expense of personal freedom.

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