If Banks Are Prevented from Engaging in Risky Practices, Predatory

question 313

Multiple Choice

If banks are prevented from engaging in risky practices, predatory lending is criminalized, trading in derivatives is made transparent and backed up by capital, and Wall Street lobbyists are held in check, then accountability and responsibility will be restored to the financial system, "too big to fail" will become a thing of the past, and a repeat of the Great Recession will be avoided.

• A) Argument; conclusion: Accountability and responsibility ... financial system.
• B) Nonargument.
• C) Argument; conclusion: Banks are prevented from engaging in risky practices.
• D) Argument; conclusion: Wall Street lobbyists are held in check.
• E) Argument; conclusion: A repeat of the Great Recession will be avoided.

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Definitions:

Ticket Price

The cost charged for admission to an event or access to a service.

Value Of Time

The economic worth assigned to time, reflecting what is foregone in engaging in a particular activity versus alternative uses.

Scarce Resources

Economic concept describing materials or services in limited availability relative to desired uses, necessitating allocation.

Efficient

In economic terms, relates to an allocation of resources in which it is impossible to make any one individual better off without making at least one individual worse off.