58.All of the following statements except one are true. Which is the exception?

Select one:

a.Reserves on deposit with the Bank of Canada are an asset to commercial banks but a liability to the Bank of Canada.

b.Excess reserves are the amount by which actual reserves exceed target reserves.

c.The supply of money decreases when the Bank of Canada buys government bonds from households or businesses.

d.The Bank of Canada buys government bonds if it wishes to increase the supply of money.