Money and the Canadian Banking System

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Across
  1. 4. Bartering has the disadvantage of requiring a __________ of wants.
  2. 5. A decrease in the money supply will __________ employment.
  3. 6. The supply of money is __________ inelastic because only central banks provide the money supply.
  4. 7. Money is a __________ of exchange.
  5. 8. A bank deposit slightly larger than __________ hundred dollars is needed to increase the money supply by $20,000 with a 2% reserve ratio.
  6. 9. Canadians can have __________ that money has value given that every paper bank note has on it the Bank of Canada’s statement, “This note is __________.”
  7. 10. There is a video that shows Kyle, the red paperclip guy, __________ his way up to a __________.
  8. 13. The majority of money supply is held as __________ .
Down
  1. 1. Cash cards __________ the money supply.
  2. 2. The only institution in Canada that issues bank notes (dollar bills).
  3. 3. If a government has increased the supply of money and the country’s GDP still decreases, we know that the __________ of money has decreased.
  4. 6. The BoC does not pursue __________, whereas the central banks do.
  5. 7. Activities taken by the Bank of Canada (BoC) to regulate the money supply.
  6. 11. When interest rates are low, the quantity of money demanded is __________.
  7. 12. The largest commercial bank in Canada (by assets).