When an economy produces more houses and fewer typewriters, it is answering the ________ part of one of the two big economic questions

Suppose a bank has $100 million in checking account deposits with no excess reserves and the required reserve ratio is 10 percent. If the Federal Reserve reduces the required reserve ratio to 4 percent, then the bank can make a maximum loan of

A) $0. B) $4 million. C) $6 million. D) $10 million.

Which of the following is not a depository institution?

a. A commercial bank b. A thrift institution c. A pension fund d. A savings and loan institution e. A credit union