Notes in Circulation Are

question 45

Multiple Choice

Notes in circulation are:

• A)an asset as viewed by the Bank of Canada.
• B)a liability as viewed by the Bank of Canada.
• C)neither an asset nor a liability as viewed by the Bank of Canada.
• D)part of M1, but not of M2 or M2+.

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Definitions:

Competitive Pressures

Forces that challenge a company's market position, including competition from other firms, pricing strategies, and innovation demands.

Pricing Consistency

The strategy of maintaining stable prices for products or services over a period of time to build customer trust and loyalty.

Pricing Strategies

Methods businesses use to establish the price of their products or services, aiming to maximize profitability and meet market demand.

Wholesaler

A person or company that buys goods in large quantities from manufacturers and sells them in smaller quantities to retailers or other businesses.