Which of the following completes the argument against deregulation of U.S. banks that began with the phrase: "if banks competed to pay higher rates of interest" O they might also compete to make riskier loans, potentially imperiling the safety of the banking system. ✪ they might also compete to make less riskier loans, potentially imperiling the US consumers' reliance on credit. O they will end up playing a large role in setting the regulations that they will follow. O they will send lobbyists to offer well-paid jobs to some of the retiring members of the regulatory board
Which of the following completes the argument against deregulation of U.S. banks that began with the phrase: "if banks competed to pay higher rates of interest" O they might also compete to make riskier loans, potentially imperiling the safety of the banking system. ✪ they might also compete to make less riskier loans, potentially imperiling the US consumers' reliance on credit. O they will end up playing a large role in setting the regulations that they will follow. O they will send lobbyists to offer well-paid jobs to some of the retiring members of the regulatory board
Chapter12: Government And Product Markets: Antitrust And Regulation
Section: Chapter Questions
Problem 8QP
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