Drug-interdiction policies that reduce the supply of illegal drugs
a. are likely to be more effective in the short run than in the long run.
b. are proven to reduce illegal drug use faster than drug-education programs designed to reduce demand.
c. may increase drug-related crimes.
d. All of the above are correct.
c
Economics
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Refer to Figure 4-9. The price buyers pay after the tax is
A) $12. B) $8. C) $5. D) $3.
Economics
Which of the following will NOT result from an unsterilized intervention in which the central bank sells foreign assets to purchase domestic currency?
A) Domestic interest rates will rise. B) The foreign-exchange value of the domestic currency will rise. C) The central bank will experience a decrease in international reserves. D) The domestic money supply will rise.
Economics