When the Bank of Canada Wants to Undertake Open Market

question 2

Multiple Choice

When the Bank of Canada wants to undertake open market operations,it

• A)can require all commercial banks to buy from or sell to it.
• B)can require all member banks to buy from or sell to it.
• C)buys or sells securities by writing a cheque.
• D)buys from or sells to the Canadian Treasury.

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Definitions:

Hard Disk

A data storage device used for storing and retrieving digital information, using one or more rigid rapidly rotating disks coated with magnetic material.

Separate Sections

This term refers to the division of content or data into distinct areas to improve organization and readability.

Task Manager

A system monitor program used to provide information about the processes and programs currently running on a computer, as well as the general status of the system.

Virtualization

The creation of virtual (rather than physical) versions of computing resources, such as operating systems, servers, storage devices, and network resources.