Ordinarily the Bank of Canada would like to push interest rates lower during a recession, such as the one cause by the COVID-19 pandemic. Which of the following chartered bank actions does NOT create money through multiple-deposit expansion? Multiple Choice... (a) Paying back a loan from the central bank (b) Selling additional stock shares in the bank. (c) Buying government bonds from a securities dealer (d) A decrease in the desired reserve ratio (e) Low unemployment
Ordinarily the Bank of Canada would like to push interest rates lower during a recession, such as the one cause by the COVID-19 pandemic. Which of the following chartered bank actions does NOT create money through multiple-deposit expansion? Multiple Choice... (a) Paying back a loan from the central bank (b) Selling additional stock shares in the bank. (c) Buying government bonds from a securities dealer (d) A decrease in the desired reserve ratio (e) Low unemployment
Chapter1: Making Economics Decisions
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Ordinarily the Bank of Canada would like to push interest rates lower during a recession, such as the one cause by the COVID-19 pandemic. Which of the following chartered bank actions does NOT create money through multiple-deposit expansion? Multiple Choice...
(a) Paying back a loan from the central bank
(b) Selling additional stock shares in the bank.
(c) Buying government bonds from a securities dealer
(d) A decrease in the desired reserve ratio
(e) Low unemployment

Transcribed Image Text:Ordinary the Bank of Canads would like to push interest rates lower during a recession, such as the one cause by the COVID-19 pandemic. Which of the following chartered bank actions does NOT create money
through multiple-deposit expansion?
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