Many conservative economists argue that some banks are __________, because they would topple the rest of the economy with them.

Question

Quizplus · Accepted Answer

The phrase "too big to fail" refers to banks that are so large and interconnected with the rest of the financial system that their failure would have disastrous implications for the entire economy. Conservative economists argue that these banks should be subject to increased regulation and oversight to prevent such a catastrophic event.

Many Conservative Economists Argue That Some Banks Are __________, Because