.A redeposit means…
A. That the Chartered Banks are redepositing money with the Bank of Canada which puts upward pressure on interest rates.
B. That the Chartered Banks are redepositing money with the Bank of Canada which puts downward pressure on interest rates.
C. That the Bank of Canada is redepositing money with the Chartered Banks which puts downward pressure on interest rates.
D. That the Bank of Canada is redepositing money with the Chartered Banks which puts upward pressure on interest rates.