11/26/2017 11:55 PM A 12.2/100 11/24/2017 06:37 PM Gradebook Print Calculator Qu

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11/26/2017 11:55 PM A 12.2/100 11/24/2017 06:37 PM Gradebook Print Calculator Question 2 of 16 Mapoob Sapling Learning macmilan learning All of the following are jobs that the Bank of Canada carries out except: O O O O Control the money supply. Loan money to domestic banks. Loan money to foreign banks. Issue currency. Which of the following is true of the management structure of the Bank of Canada? o The bank is controlled by the Federal Reserve Bank of O The bank is independent of governtment control. O The bank is controlled by the Big 5 banks. O The bank is controlled by the Canadian government. the United States

Explanation / Answer

1. Loan money to foreign banks.

A country's central bank performs various functions like issue currency notes, control money supply, provide loan to domestic banks but does not give loans to foreign banks.

2. The bank is independent of government control.

Central bank of a country is not dependent on government.

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