Bank panics:
a. occur frequently in fractional reserve banking systems.
b. are a risk of fractional reserve banking, but are unlikely when banks are highly regulated and lend prudently.
c. cannot occur in a fractional reserve banking system.
d. occur more frequently when the monetary system is backed by gold.

Match the vocabulary word to the correct definition. 1. human resources department 2. job description 3. ethics 4. labor relations 5. occupational safety & health administration a. a detailed list of the functions and requirements for a position b. the exchange between the employer and employee c. principles that define appropriate conduct d. the government agency responsible for monitoring safety in the workplace e. the division of a business responsible for hiring, managing,maintaining, and firing the workforce

> > objectives define federalism and explain why the framers adopted a federal system instead of a unitary system. categorize powers delegated to and denied to the national government, and powers reserved for and denied to the states, and the difference between exclusive and concurrent powers.

Describe how to write a main idea expressed as a bottom-line statement