Banks

question 42

Multiple Choice

Banks

• A) are the only type of financial intermediary.
• B) are savers looking for opportunities to earn a return on their savings.
• C) have been owned by the government since the Great Depression.
• D) are private firms that accept deposits and extend loans.
• E) complicate the connection between borrowers and savers.

---

Definitions:

Severe Punishment

Strict or harsh legal penalties imposed for criminal offenses, intended as a deterrent to discourage individuals from committing crimes.

Standard Argument

Typically a commonly accepted reasoning or line of thought regarding a particular topic or issue.

Torture

The act of causing severe physical pain as a form of punishment or as a tool to extract information or for sheer cruelty.

Policy

A deliberate system of principles to guide decisions and achieve rational outcomes.