Which of the following statements does not help to explain why government drug interdiction increases drug-related crime?
a. The demand for illegal drugs is inelastic.
b. Interdiction results in drug addicts having a greater need for quick cash.
c. Interdiction results in an increase in the amount of money needed to buy the same amount of drugs.
d. Government drug programs are more lenient now with drug offenders than they were in the 1980s.
d
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The two phases of the business cycle are
a. high economic growth and low economic growth b. expansion and contraction c. expansion and depression d. high inflation and low inflation e. potential economic growth and actual economic growth
Conglomerate
What will be an ideal response?
During the early 1930s, the Fed was reluctant to rescue nonsolvent banks out of fear of encouraging:
A) moral hazard B) adverse selection C) bank run D) sovereign debt crisis
A product in the first stage of production is defined as a(n):
a. basic need. b. investment. c. environmental product. d. primary product. e. transitory product.