In Canada, commercial banks
A. have a reserve ratio of zero.
B. have a reserve ratio of 100%.
C. are required by the Bank Act to hold required reserves.
D. never have excess reserves.
E. have a positive reserve ratio.

Question

07-06-2024
Business

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In Canada, commercial banks
A. have a reserve ratio of zero.
B. have a reserve ratio of 100%.
C. are required by the Bank Act to hold required reserves.
D. never have excess reserves.
E. have a positive reserve ratio.

Sagot :

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