The Dodd-Frank Act Allowed Banks, for the First Time, to

question 9

Multiple Choice

The Dodd-Frank Act allowed banks, for the first time, to

• A)issue certificates of deposit.
• B)pay interest on savings accounts.
• C)pay interest on demand deposits.
• D)purchase junk bonds.

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Definitions:

Institutions

Structures or mechanisms of social order and cooperation governing the behavior of a set of individuals within a given community.

Critical Race Theory

A theoretical framework that suggests race is a social construct designed to maintain the interests of the white majority in societal structures.

Historical Racism

The systemic and institutionalized discrimination and prejudice that has occurred historically based on race, affecting the present social and economic disparities.

Social Exclusion

the process through which individuals or groups are systematically blocked from rights, opportunities, and resources normally available to members of a society.