Which of the following is inconsistent with the burglary crime model presented in the textbook?
A) The burglary rate rises during recessions.
B) The burglary rate declines during recessions.
C) The burglary rate remains does not change because of a recession.
D) The anguish cost of committing a burglary is directly related to the expected cost of committing a burglary.
E) a and d
E
You might also like to view...
If Canada imports fishing poles from Mexico and Mexico imports bacon from Canada, which of the following would explain this pattern of trade?
A) The opportunity cost of producing fishing poles in Canada is higher than the opportunity cost of producing bacon in Mexico. B) Mexico has a higher opportunity cost of producing fishing poles than Canada, and Canada has a higher opportunity cost of producing bacon. C) Mexico must have an absolute advantage in producing fishing poles and Canada must have an absolute advantage in bacon. D) Mexico has a lower opportunity cost of producing bacon than Canada and Mexico has a comparative advantage in producing fishing poles.
Which of the following is (are) the typical assumption(s) used in the study of mutually beneficial trades?
A) Each agent maximizes her utility. B) Agents have convex-shaped indifference curves. C) An agent's utility is not interdependent of the other agents' utilities. D) All of the above.