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Contrasting the structure and operation of the central bank

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Comparing and contrasting the structure and operation of the central bank of the United States-the Federal Reserve-and the central bank of Canada.

Please note the example from the Bank of Canada website where you can find financial structure information: Bank of Canada website → Core Functions - Financial System.

https://www.bankofcanada.ca/

-How was the Bank of Canada established?

-What is the financial structure of the bank of Canada?

-What role does the bank of Canada have in the process of financial intermediation and the Federal Reserve play in that process?

-Do these central banks operate as independent entities with monetary autonomy?

-How do firms borrow and lend, and how do the central banks help facilitate that process?

Reference no: EM133066041

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