All Depository Institutions

question 1

Multiple Choice

All depository institutions

• A)keep all of their deposits at the Bank of Canada district bank except their vault cash.
• B)keep a certain percentage of their deposits at the Bank of Canada district bank or as vault cash.
• C)charge the interest rates and pay the interest rates determined by their Bank of Canada district bank.
• D)limit their loans to households to a certain percentage of all their loans,and the limit is set by the Bank of Canada.

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Definitions:

Surfactant

A substance that reduces the surface tension of fluids, facilitating processes like breathing by preventing the collapse of alveoli in the lungs.

Type II Pneumocytes

Specialized cells lining the alveoli of the lungs that secrete pulmonary surfactant to decrease the surface tension at the air/liquid interface, aiding in respiratory mechanics.

Cuboidal Epithelial Cells

Cube-shaped cells found lining various ducts and glands, playing a role in secretion and absorption.

Boyle's Law

A gas law stating that the pressure of a given mass of an ideal gas is inversely proportional to its volume at a constant temperature.