Membership in the Federal Reserve System
A. is limited to national banks.
B. is limited to state banks.
C. is required of national banks and open to state banks.
D. is forbidden to state banks.
C. is required of national banks and open to state banks.
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An increase in the supply of labor will, everything else equal,
a. increase the full-employment level of output b. decrease the full-employment level of output c. move the economy from a recession toward full employment d. reduce total employment e. have no impact on total employment
Which type of managed care organization has the strictest cost control features?
a. IPA b. Group-model HMO c. PPO d. POS plan e. Closed-panel HMO
In Figure 6.1, which area represents a recession? 
A. A B. B C. C D. D
The World Trade Organization
A. was established to settle trade disputes within the European Union. B. increases world trade by providing interest rate subsidies to foreign borrowers who buy U.S. exports on credit. C. was established to resolve disputes arising under world trade rules. D. is another name for the IMF.