Banks can lower the cost of information production by applying one information resource to many different services. This process is called

A bank has $100,000 in checkable deposits and $30,000 in reserves. If the required reserve ratio is 10%, what is the amount of required reserves?

A) $0 B) $10,000 C) $20,00 D) $30,000

The American Federation of Labor

a. was an amalgamation of two labor organizations. b. had over 1 million members by 1905. c. sought to control job opportunities and conditions within each craft. d. allied with the National Civic Federation in attempt to create a more favorable public image. e. All of the above.