What is the Bank of Canada?

Multiple Choice

• A state-owned central bank, whose basic goal is to provide income for the Government of Canada.
• A privately-owned central bank, whose basic goal is to earn profits for its owners.
• A state-owned central bank, whose basic goal is to control the money supply and thereby help to promote general economic welfare.
• A privately-owned central bank, whose basic function is to minimize the risk for commercial banks in order to make them reasonably secure and profitable.
• A privately-owned central bank, whose basic goal is to provide a market for Government of Canada securities.