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Lending money is a function that can take place only after: a) adequate government regulation...

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Finance

Lending money is a function that can take place only after: a) adequate government regulation can protect the banks money b) the cost of funds to the bank can be guaranteed for the term of the loan c) enough clients have decided to place their funds on deposit with the bank d) economic information correctly predicts the profit a bank can make from lending 2. A common denominator that joins all of us, together, in our economy is the fact that we: a) consume b) defer income c) save for retirement d) try to negotiate lower taxes 3. For a persons transactional needs: when inflation increases, the persons demand for money will: a) increase b) decrease c) remain the same d) shift away from transactions 4. The major Canadian banks tend to be described as being: a) risk-takers, but only with secured investments b) risk-avoiders, unless the return exceeds certain benchmarks c) risk-averse d) risk-neutral 5. In Canada, functional regulation is the most important form of regulation and is spear-headed by the: a) NHRA b) OSFI c) SCCA d) FISA

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