The Bank Rate Is the Rate of Interest at Which

question 25

Multiple Choice

The bank rate is the rate of interest at which

• A)chartered banks lend to large corporations.
• B)the Bank of Canada lends to large corporations.
• C)savings and loan associations lend to home builders.
• D)the Bank of Canada lends to chartered banks.

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Legal rights that result from intellectual activity in the industrial, scientific, literary, or artistic fields.

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The state or fact of owning something, which includes the right to possess, use, and enjoy a certain thing, tangible or intangible.

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