Under the rational criminal model, a decrease in the legal income producing opportunities available to a population will
A. have no effect on crime.
B. simply shift crime from white-collar to blue-collar crime.
C. increase crime.
D. decrease crime.
Answer: C
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The main policy-making organization of the Federal Reserve System is the ________
A) U.S. Mint B) U.S. Treasury C) Joint Congressional Committee on Monetary Policy D) Federal Open Market Committee
Other things the same, what happens to the price level and quantity of output when an adverse shift in the short run aggregate supply curve occurs?
When regulatory requirements make it costly and complex to open a business,
A) the volume of trade will decline and economic growth will be retarded. B) the level of competition will increase. C) the likelihood government officials will provide favors to specific businesses and engage in corrupt practices will be reduced D) the volume of
Refer to the information provided in Figure 13.4 below to answer the question(s) that follow. Figure 13.4Refer to Figure 13.4. At its production point, the ________ for this firm is $11.
A. marginal revenue B. profit-maximizing price C. marginal cost D. average total cost