1.A five-dollar bill issued by the Bank of Canada is:

A)Your liability if you hold that note

B)A liability of the Bank of Canada until it is spent

C)An asset of the Bank of Canada

D)A liability of the Bank of Canada

2. The value of money depends on which of the following factors?

A)The durability of the bills

B)The weight of the coin

C)The price level

D)The previous metal used to mint the coin