If a bank sells $10 million of bonds back to the Bank of Canada in order to
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If a bank sells $10 million of bonds back to the Bank of Canada in order to pay back $10 million on the advances it owes, what will be the effect on the level of chequable deposits?
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Related Book For 
The Economics Of Money Banking And Financial Markets
ISBN: 9780321584717
4th Canadian Edition
Authors: Frederic S. Mishkin, Apostolos Serletis
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