1. Do we really need all the different types of financial institutions we have in Canada? Could we make do with just chartered banks? Why or why not? 2. Should credit cards be counted in the money...

1. Do we really need all the different types of financial institutions we have in Canada? Could we make do with just chartered banks? Why or why not?

2. Should credit cards be counted in the money supply? Why ex why not? Support your answer by using the definition of money.

3. Should banks be regulated, or should market forces be allowed to determine the money supply? Defend your answer.