Which of the following reasons offered for why crime fell in the 1990s does the Brennan Center suggest had no impact?
A. Longer effective sentences
B. Higher rates of incarceration
C. The increase in the number of police
D. The increased use of gun buyback programs
Answer: D
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If marginal revenue and marginal cost are not equal, profit can be maximized by
A. increasing output if MR > MC. B. decreasing output if MC > MR. C. moving to the output where the slopes of TR and TC are equal. D. All of the responses are correct.
The capital and financial account balance is equal to
A) the value of exports of U.S. capital goods minus the value of imports of capital goods into the United States. B) exports minus imports. C) foreign assets owned by the United States minus U.S. assets owned by foreigners. D) U.S. investment abroad minus foreign investment in the United States. E) foreign investment in the United States minus U.S. investment abroad.
The consumer equilibrium condition for two goods is achieved by equating the:
a. marginal utility of one to the price of the other for the last dollar spent on each good. b. prices of both goods for the last dollar spent on each good. c. marginal utilities of both goods for the last dollar spent on each good. d. ratios of marginal utility to the price of both goods for the last dollar spent on each good.
Funds must be deposited to a margin account by:
A. the exchange broker. B. the futures contract seller. C. the futures contract buyer. D. the futures contract buyer and seller.