National Bank has $1 million in deposits, $200,000 in its reserves, and a required reserve ratio of 14 percent. National Bank has ______ available to lend to borrowers.

If two interdependent economies work independently pursuing the best interests of their own economies

A) both countries can end up worse than they planned because of international externalities. B) they will make other economies more vulnerable to international externalities. C) they will have to sacrifice their monetary autonomy to achieve their goals. D) both countries can end up worse than they planned because of the liquidity effect.

Economies of scope are savings acquired by

a. producing many goods simultaneously. b. producing enough of one good to reach the minimum efficient scale of production. c. selling one product at a loss but selling other products at a profit. d. decreasing the regulation of an industry.