Which of the following could be considered to be a secondary effect caused by making drugs such as marijuana, cocaine, heroin and meth illegal?
a. The higher prices that result from making drugs illegal results in more property theft by users to afford the drugs.
b. The usage of police and law enforcement resources to enforce drug laws leads to lower enforcement (and thus a higher amount) of other crimes.
c. Without the ability to use the legal system to enforce contracts in these underground markets, violence between buyers and sellers often results when one party to a drug deal does not live up to their end of the bargain, thus the amount of violence in society increases by making drugs illegal.
d. When supplying the demand for a product that has been decreed illegal by the government, the supplier has no incentive to refrain from other illegal and equally
punishable behaviors, thus increasing crime by making drugs illegal.
e. All of the above would be considered valid and important secondary effects of making drugs illegal.
e. All of the above would be considered valid and important secondary effects of making drugs illegal.
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The layoff of workers in virtually all industries during the 1982 recession is an example of the classification of workers as
A) voluntarily unemployed. B) structurally unemployed. C) cyclically unemployed. D) frictionally unemployed.
The technological lock-in argument suggests that:
A. more efficient technologies always immediately replace less efficient technologies. B. existing institutions and technologies are always the most efficient. C. many of our institutions and technologies may be inefficient but are ingrained regardless. D. it is inefficient to try and adapt to new technology.
Overall, rapid economic growth between 1981 and 2012 has ________ the global poverty rate from ________.
A. decreased; above 44 percent to 12.7 percent B. increased; below 20 percent to above 44 percent C. decreased; above 30 percent to below 15 percent D. increased; below 12.7 percent to above 25 percent
The slave gang system increased labor productivity by encouraging members of a slave gang system to specialize in performing assigned tasks and working in rhythm
Indicate whether the statement is true or false