The Chapter States That Inequality Is Endemic to Capitalism

question 47

Multiple Choice

The chapter states that inequality is endemic to capitalism. For example, of the 15,000 commercial U.S. banks, the largest 50 hold _____ of all assets.

• A) 77%
• B) more than 50%
• C) more than 33%
• D) 10%

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Definitions:

Majority Opinion

The judicial opinion agreed to by more than half of the members of a court, setting out the decision of the court.

Dissenting Opinions

Written opinions by judges who disagree with the majority decision in a court case.

Concurring Opinions

Judicial opinions that agree with the overall conclusion of the majority in a court ruling but may differ on reasoning or legal principles.

Binding Legal Principle

A legal rule or doctrine that must be followed by lower courts, or as part of a contract, must be adhered to by the parties involved.