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course_id=-194278_1&c Remaining Time: 1 hour, 15 minutes, 57 seconds. Question Completion Status: QUESTION 45 Which of the following is not true Large Value Transfer System

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course_id=-194278_1&c Remaining Time: 1 hour, 15 minutes, 57 seconds. Question Completion Status: QUESTION 45 Which of the following is not true Large Value Transfer System is an electronic, real time net settlement network The Bank of Canada implements monetary policy by lending money at the prime rate O LVTS and ACSS are operated by the Canadian Payments Association The market for settlement balances is where overnight interest rate is determined QUESTION 46 Which of the following is (are) correct statement(s) To increase reserves in the banking system on temporary basis, the Bank of Canada engages in a repurchase agreement (Repos or SPRAS) O The upper limit of the operating band is called Bank rate The Bank of Canada uses SPRAs to lower the overnight rate and SRAs to raise the overnight rate. all of the above O Only a and b above QUESTION 47 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Type here to search O C W

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