In 2008, Testifying Before Congress, Alan Greenspan, the Former Head

question 33

Multiple Choice

In 2008, testifying before Congress, Alan Greenspan, the former head of the Federal Reserve Bank.

• A) argued that regulation would damage banks, Wall Street, and the mortgage market.
• B) admitted that his conviction that free markets would produce the best results was flawed.
• C) argued that the federal government should allow unregulated economic competition.
• D) argued that banks and investment firms should regulate themselves.
• E) called for deregulation and artificially low interest rates.

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Definitions:

Proportions

Proportions refer to the relationship in size between different parts of an object, artwork, or architectural design, ensuring harmony and balance in the visual appearance.

Aesthetics

The branch of philosophy that addresses the nature of beauty, especially in art.

Hierarchy Of Scale

A principle in art and architecture where the size of figures is determined by their importance relative to other figures, rather than by their location or physical proximity, commonly used in ancient, medieval, and non-Western art.

Sinuous

Describes shapes or movements that are winding or curving in a graceful and smooth manner.