(7)In Canada _______________consists of liabilities of the Bank of Canada, in th

Question

(7)In Canada _______________consists of liabilities of the Bank of Canada, in the form of Bank of Canada notes, deposits held at the Bank by directly clearing members of the Canadian Payments Association, plus coin with a face value of $2 or less. Select one: a. the monetary base b. the money supply c. M1 d. M3 (7)In Canada _______________consists of liabilities of the Bank of Canada, in the form of Bank of Canada notes, deposits held at the Bank by directly clearing members of the Canadian Payments Association, plus coin with a face value of $2 or less. Select one: a. the monetary base b. the money supply c. M1 d. M3 Select one: a. the monetary base b. the money supply c. M1 d. M3

Explanation / Answer

Option a.

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