What Is the Largest Credit Union in Canada (Based on Annual

question 83

Multiple Choice

What is the largest credit union in Canada (based on annual revenues) ?

• A) Credit Union Central (Saskatchewan)
• B) Le Mouvement des Caisses Desjardins
• C) Vancouver City Savings Credit Union
• D) B.C.Central Credit Union
• E) Credit Union Central of Ontario

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Definitions:

Automatic Stabilizer

Economic policies and programs, such as unemployment insurance, that automatically adjust to counteract economic fluctuations without the need for explicit government intervention.

Automatic Stabilizers

Economic policies and programs, such as unemployment insurance and taxation, that automatically adjust with economic conditions to stabilize income and spending.

Recession

An interval of momentary economic contraction characterized by decreased commercial and industrial operations, commonly signaled by a reduction in Gross Domestic Product over two back-to-back quarters.

Government Budget Deficit

The financial situation that occurs when a government's expenditures exceed its revenues in a given fiscal year.