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Author Question: In Canada, the Canada Deposit Insurance Corporation (CDIC) insures personal bank account balances up ... (Read 268 times)

bubba123

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Question 1

If the market price of a stock reflects all relevant information, what does its market price reflect?

the stock’shistoricalvalue


the stock’sintrinsicvalue


the stock’scurrentvalue


the stock’sextrinsicvalue



Question 2

In Canada, the Canada Deposit Insurance Corporation (CDIC) insures personal bank account balances up to $100,000. What is the primary reason for this provision?

This canencourage banking institutions toexpand their business.


This canprevent a “bank run” and ensure stability in timesofeconomic uncertainty. 


Thiswould givethe governmentmore controlover the banking system.


Thisis a common practiceinthe U.S. andall other developed economies.



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Marked as best answer by bubba123 on Aug 7, 2023

dianagarcia

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bubba123

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Reply 2 on: Aug 7, 2023
YES! Correct, THANKS for helping me on my review


chjcharjto14

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Reply 3 on: Yesterday
:D TYSM

 

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