the economics of money, banking, and financial markets

501 $

© 2014 Pearson Canada Inc.$

4. 
   

   Which of the following are not assets on the Bank of Canada's balance sheet?
   A) Advances to banks
   B) Government of Canada deposits
   C) Securities
   D) Foreign deposits
   Answer: B
   Diff: 1 Type: MC Page Ref: 16.1A- 1
   Skill: Recall
   Objective List: Appendix: The Bank of Canada's Balance Sheet and the Monetary Base

   
   


5. 
   

   Which of the following are not assets on the Bank's balance sheet?
   A) Securities
   B) Advances to banks
   C) Treasury bills
   D) Bank notes in circulation
   Answer: D
   Diff: 1 Type: MC Page Ref: 16.1A- 1
   Skill: Recall
   Objective List: Appendix: The Bank of Canada's Balance Sheet and the Monetary Base

   
   


6. 
   

   Which of the following are not liabilities on the Bank's balance sheet?
   A) Advances to banks
   B) Members of the CPA deposits
   C) Bank notes in circulation
   D) Government of Canada deposits
   Answer: A
   Diff: 1 Type: MC Page Ref: 16.1A- 2 - 3
   Skill: Recall
   Objective List: Appendix: The Bank of Canada's Balance Sheet and the Monetary Base

   
   


7. 
   

   When the Bank of Canada purchases artwork to decorate its conference room ____.
   A) reserves rise
   B) reserves fall
   C) bank notes in circulation falls
   D) Bank of Canada assets rise
   Answer: D
   Diff: 1 Type: MC Page Ref: 16.1A- 2
   Skill: Applied
   Objective List: Appendix: The Bank of Canada's Balance Sheet and the Monetary Base