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Fill in the blanks to make the following statements correct. a) There are multiple measures of the
money supply in Canada because, in addition to currency in circulation, there are many different
types of bank b) The distinctions in the measures of the money supply generally reflect the
different ability to convert funds from the deposit into c) The most general definition of the
money supply is the sum of and d) A term deposit at a bank does not fulfill the role of money.
However, it can be easily converted into a deposit that does fulfill this role. For this reason, a
term deposit is referred to as

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  • 1. Fill in the blanks to make the following statements correct. a) There are multiple measures of the money supply in Canada because, in addition to currency in circulation, there are many different types of bank b) The distinctions in the measures of the money supply generally reflect the different ability to convert funds from the deposit into c) The most general definition of the money supply is the sum of and d) A term deposit at a bank does not fulfill the role of money. However, it can be easily converted into a deposit that does fulfill this role. For this reason, a term deposit is referred to as