______ is the belief that one should do whatever works rather than follow a basic ideological or philosophical system.

Analyze the role of "derivatives" in the recent housing market bubble

A) "Deriving" their value from real estate speculation, derivatives created a volatile value system. B) Derivatives fluctuate widely in value, which led many investors to buy, only to lose large sums upon downward fluctuation. C) Derivatives became so complex that no one could understand them, which masked losses and made assets extremely difficult to evaluate. D) Derivatives forced many banking institutions to sell or close, condensing the control of the finance industry into a few small hands.

All of the following are costs of cultural diversity and causes of underdevelopment according to culturist theory except:

a. culturally diverse societies often do not provide enough public goods b. culturally diverse societies often have poor governance and experience conflict c. no culturally diverse society has been economically prosperous d. culturally diverse societies tend to have continued troubles with persistent stereotypes