Answer Choice D
Started by AndrewArabie · started 2023-04-29 17:51 · last activity 2023-05-06 01:36 · 2 replies
The stimulus gives no indication that banks whose board is appointed by the government or the military are managed well so I don't quite see how B is correct.
The stimulus essentially follows that some people believe the government should not take over failing banks because the government doesn't know how to manage them but these people are misconstruing "taking over" because all the government would do is appoint a new board in the same way they appoint heads of the military.
So the argument seems to be confined to the propriety of the government assuming ownership of banks and how well these institutions are managed is never mentioned so I don't see how we can reject that.
I selected this answer by PoE but I'd rather not do that and really understand why the right answer is right especially on a question this early.