The economic intuition behind the connection between abortion and crime rates is based on the idea that
A. abortion is a moral prerogative of women.
B. women instinctively know when a child will grow up to be a criminal and are more likely to abort those they believe will grow up to be criminals.
C. women who choose abortion do not want the child and, if compelled to raise it would be poorer and do a poorer job at parenting, increasing the likelihood the child would grow up to be a criminal.
D. the Supreme Court decision removing most limits on abortion made the country more peaceful.
Answer: C
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Indicate whether the statement is true or false
Replacing the simple Keynesian consumption function with the function based on the permanent-income hypothesis results in a ________ short-run multiplier, implying a ________ stable private economy
A) higher, more B) higher, less C) lower, more D) lower, less