the economics of money, banking, and financial markets

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Economics of Money, Banking & Financial Markets, 5e (Mishkin)
Chapter 15 Central Banks and the Bank of Canada

15.1 Origins of the Bank of Canada

1. 
   

   From 1929 to 1933 the Canadian real GDP fell by almost ____.
   A) 30 percent
   B) 40 percent
   C) 50 percent
   D) 20 percent
   Answer: A
   Diff: 1 Type: MC Page Ref: 354
   Skill: Recall
   Objective List: 15.1 Classify the institutional structure of the Bank of Canada as well as four of
   the most important foreign central banks

   
   


2. 
   

   Unemployment rates in Canada after the Great Depression rose close to ____.
   A) 20 percent
   B) 25 percent
   C) 30 percent
   D) 10 percent
   Answer: A
   Diff: 1 Type: MC Page Ref: 354
   Skill: Recall
   Objective List: 15.1 Classify the institutional structure of the Bank of Canada as well as four of
   the most important foreign central banks

   
   


3. 
   

   The Great Depression contributed to significant changes in Canadian ____.
   A) monetary policy
   B) nationalization
   C) growth policy
   D) immigration
   Answer: A
   Diff: 1 Type: MC Page Ref: 354
   Skill: Recall
   Objective List: 15.1 Classify the institutional structure of the Bank of Canada as well as four of
   the most important foreign central banks