× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
New Topic  
jjolivette jjolivette
wrote...
Posts: 850
6 years ago
Describe the functions of the Bank of Canada and describe the tools it uses to control the money supply.
Textbook 
Business Essentials, Canadian Edition

Business Essentials, Canadian Edition


Edition: 8th
Authors:
Read 52 times
1 Reply

Related Topics

Replies
wrote...
6 years ago
The Bank of Canada manages the Canadian economy, controls the money supply, and regulates certain aspects of chartered banking operations. If the Bank of Canada wants to increase the money supply, it can buy government securities or lower the bank rate. If the Bank of Canada wants to decrease the money supply, it can sell government securities or increase the bank rate.
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1314 People Browsing
 124 Signed Up Today
Related Images
  
 249
  
 13571
  
 364
Your Opinion
Which is the best fuel for late night cramming?
Votes: 145