a special agent with the FBI, "Bandit barriers are a great deterrent. We've talked to guys who rob banks, and as soon as they see a bandit barrier, they go find another bank." Sources: U.S. Department of Justice, Federal Bureau of Investigation, "Bank Crime Statistics 2018"; and Richard Cowen, "FBI: Banks Are to Blame for Rise in Robberies," NorthJersey.com, March 10, 2009. Despite this finding, many banks have been reluctant to install these barriers. Wouldn't banks have a strong incentive to install bandit barriers to deter robberies? Why, then, do so many banks not do so? A. Banks have no economic incentive to install the barriers. B. Banks are not interested in the safety of their customers and employees. C. Banks would not receive any benefits from installing the barriers. D. Banks are not rational.
a special agent with the FBI, "Bandit barriers are a great deterrent. We've talked to guys who rob banks, and as soon as they see a bandit barrier, they go find another bank." Sources: U.S. Department of Justice, Federal Bureau of Investigation, "Bank Crime Statistics 2018"; and Richard Cowen, "FBI: Banks Are to Blame for Rise in Robberies," NorthJersey.com, March 10, 2009. Despite this finding, many banks have been reluctant to install these barriers. Wouldn't banks have a strong incentive to install bandit barriers to deter robberies? Why, then, do so many banks not do so? A. Banks have no economic incentive to install the barriers. B. Banks are not interested in the safety of their customers and employees. C. Banks would not receive any benefits from installing the barriers. D. Banks are not rational.
Chapter12: Money And The Banking System
Section: Chapter Questions
Problem 4DQ
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Transcribed Image Text:a special agent with the FBI,
"Bandit barriers are a great deterrent. We've talked to guys who rob banks,
and as soon as they see a bandit barrier, they go find another bank."
Sources: U.S. Department of Justice, Federal Bureau of Investigation, "Bank
Crime Statistics 2018"; and Richard Cowen, "FBI: Banks Are to Blame for Rise
in Robberies,"
NorthJersey.com, March 10, 2009.
Despite this finding, many banks have been reluctant to install these barriers.
Wouldn't banks have a strong incentive to install bandit barriers to deter
robberies? Why, then, do so many banks not do so?
A. Banks have no economic incentive to install the barriers.
B. Banks are not interested in the safety of their customers and employees.
C. Banks would not receive any benefits from installing the barriers.
D. Banks are not rational.
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