Which of the Following Statements Is Incorrect

question 56

Multiple Choice

Which of the following statements is incorrect?

• A) Banks have expanded their business across services over time.
• B) Acquisitions have been a convenient method for banks to grow quickly and capitalize on economies of scale.
• C) The banking industry has become less concentrated in recent years.
• D) All of the statements above are correct.

---

Definitions:

Sublimation

A psychological defense mechanism where socially unacceptable impulses or idealizations are unconsciously transformed into socially acceptable actions or behavior.

Aggressive Energies

Innate drives or impulses toward hostile or violent behavior, often conceptualized in the context of psychological theories such as Freud's.

Culturally Acceptable

Practices, behaviors, or norms that are deemed appropriate or permissible within a specific cultural or social context.

Collective Unconscious

A concept proposed by Carl Jung referring to the part of a person's unconscious which is derived from ancestral memory and experience shared by all humankind.