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Which of the following is an accurate statement about the money supply in Canada? It is the amount of money the BoC makes available for
Which of the following is an accurate statement about the money supply in Canada? It is the amount of money the BoC makes available for people to invest in the Canadian economy. It can be directly increased by printing new notes and ordering the Royal Canadian Mint to issue new coins. The bank notes issued by the BoC represent only a small portion of all the money circulating in the economy at any one time. The quantity of money supplied by the BoC, at any point in time, is directly related to the level of currency available at the U.S. Federal Reserve
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