If the Chartered Banking System Borrows from the Bank of Canada

question 3

Multiple Choice

If the chartered banking system borrows from the Bank of Canada.

• A)The demand deposits of chartered banks are unchanged, but their reserves increase.
• B)The demand deposits and reserves of chartered banks both decrease.
• C)The demand deposits of chartered banks are unchanged, but their reserves decrease.
• D)The demand deposits and reserves of chartered banks are both unchanged.

---

Definitions:

Estrogen

A group of steroid hormones that play a crucial role in the development and regulation of female reproductive and sexual functions.

Pumé People

An indigenous group of people who live in the savannah regions of southwestern Venezuela, known for their semi-nomadic lifestyle and fishing-based economy.

Middle Childhood

A developmental stage that typically encompasses the ages 6 to 12 years, marked by significant growth in cognitive, social, and emotional areas.

Pelvic Inlet

The upper opening of the true pelvis, bordered by the pelvic brim, which plays a crucial role in obstetrics, particularly in assessing the passage through which a fetus will descend during birth.