Bank A has checkable deposits of $100 million, vault cash equaling $1 million and deposits at the Fed equaling $14 million. If the required reserve rate is ten percent what is the maximum amount Bank A could lend?

"Subordinated" debt is one form of __________ debt

A) mezzanine B) uncollateralized C) zero-coupon D) risk-free

If Switzerland chooses to engage in trade, it

a. will only benefit if it trades with countries that produce goods Switzerland cannot produce. b. cannot benefit if it trades with less developed countries. c. should first attempt to produce the good itself. d. can benefit by trading with any other country.