Question 1

Job training programs,remedial education courses,and recreational activities might lead to reduced crime rates in depressed areas by

Accepted Answer

A)  Providing jobs to instructors and counselors
B)  Increasing the opportunity costs of committing crimes
C)  Improving the public's view of their community
D)  Providing psychic income to organizers
E)  None of the above

Question 2

Crime prevention activities should,if effective,raise GDP above the level that it would be in their absencE.

Accepted Answer

A) True 
 B)False

Question 3

The economic effects of prohibition of alcoholic beverages include a decrease in supply,an increase in price,and a decrease in quality.

Accepted Answer

A) True 
 B)False

Question 4

Government can effectively remedy the free-rider problem by taxing all who receive benefits of a public gooD.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following DOES NOT go into the calculation of the implicit cost of a marijuana growing operation?

Accepted Answer

A)  The probability of getting caught
B)  The severity of potential jail sentences
C)  The time it takes to tend the crop
D)  Payments for fertilizer and pesticides
E)  None of the above (they all go into the calculation of implicit costs)

Question 6

More criminal justice expenditures should be made for detection and apprehension of criminals.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following could explain why criminals commit crimes that are punished by the death penalty?

Accepted Answer

A)  They perceive that the probability of getting caught is zero
B)  The crime is a "crime of passion."
C)  Their opportunity cost is zero
D)  The benefit of the crime is infinite
E)  All of the above

Question 8

Which of the following goods or services is a public good?

Accepted Answer

A)  Polio immunization
B)  Stamp collection
C)  A smoke detector
D)  National defense
E)  A burglar alarm

Question 9

If a law is passed making it illegal for unlicensed barbers to cut hair,which of the following will result?

Accepted Answer

A)  Higher quality haircuts
B)  Higher priced haircuts
C)  Cleaner,more sanitary barber shops
D)  Lower priced haircuts
E)  More barbers in the trade

Question 10

Which of the following increases the chances that a person will engage in criminal activity?

Accepted Answer

A)  A high perceived probability of getting caught
B)  A low potential pay-off from the crime
C)  The ability to restrain emotions
D)  A low opportunity cost
E)  None of the above

Question 11

If society receives no additional benefit from increasing crime prevention activities,the MSB of crime prevention

Accepted Answer

A)  Equals 0
B)  Is increasing
C)  Is decreasing
D)  Is equal to the MSC of crime prevention
E)  Must rise in the long run.

Question 12

Laws prohibiting abortions rest on moral grounds rather than economic grounds.

Accepted Answer

A) True 
 B)False

Question 13

The legalization of marijuana would be unlikely to greatly increase the demand for the gooD.

Accepted Answer

A) True 
 B)False

Question 14

The demand for abortions would fall significantly if the service were made illegal.

Accepted Answer

A) True 
 B)False

Question 15

People are more likely to commit crimes if they perceive the probability of getting caught is low.

Accepted Answer

A) True 
 B)False

Question 16

The free-rider problem occurs when people cannot be excluded from the benefits of a public good even though they do not help pay for production of it.

Accepted Answer

A) True 
 B)False

Question 17

A polio vaccine is an example of a good that is semi-privatE.

Accepted Answer

A) True 
 B)False

Question 18

Immunization for polio is an example of a(n)

Accepted Answer

A)  Semi private good
B)  Public good
C)  Private good
D)  Good which the market will efficiently produce
E)  Externality in production

Question 19

The most likely economic effects of the legalization of marijuana are

Accepted Answer

A)  An increase in both supply and demand
B)  A fall in the price of marijuana
C)  An increase in marijuana use
D)  An increase in the quality of marijuana
E)  All of the above

Question 20

Current reports on crime are concerned solely with the number of crimes committed and not with dollar estimates of their cost.

Accepted Answer

A) True 
 B)False

Exam 5: Economics of Crime and Its Prevention: How Much Is Too Much

Which of the following increases the chances that a person will engage in criminal activity?

Correct AnswerverifiedShow Answer

More criminal justice expenditures should be made for detection and apprehension of criminals.

Correct AnswerverifiedShow Answer

Government can effectively remedy the free-rider problem by taxing all who receive benefits of a public gooD.

Correct AnswerverifiedShow Answer

Job training programs,remedial education courses,and recreational activities might lead to reduced crime rates in depressed areas by

Correct AnswerverifiedShow Answer

The economic effects of prohibition of alcoholic beverages include a decrease in supply,an increase in price,and a decrease in quality.

Correct AnswerverifiedShow Answer

The legalization of marijuana would be unlikely to greatly increase the demand for the gooD.

Correct AnswerverifiedShow Answer

If a law is passed making it illegal for unlicensed barbers to cut hair,which of the following will result?

Correct AnswerverifiedShow Answer

Which of the following goods or services is a public good?

Correct AnswerverifiedShow Answer

The most likely economic effects of the legalization of marijuana are

Correct AnswerverifiedShow Answer

People are more likely to commit crimes if they perceive the probability of getting caught is low.

Correct AnswerverifiedShow Answer

Which of the following DOES NOT go into the calculation of the implicit cost of a marijuana growing operation?

Correct AnswerverifiedShow Answer

Immunization for polio is an example of a(n)

Correct AnswerverifiedShow Answer

Laws prohibiting abortions rest on moral grounds rather than economic grounds.

Correct AnswerverifiedShow Answer

Crime prevention activities should,if effective,raise GDP above the level that it would be in their absencE.

Correct AnswerverifiedShow Answer

A polio vaccine is an example of a good that is semi-privatE.

Correct AnswerverifiedShow Answer

The free-rider problem occurs when people cannot be excluded from the benefits of a public good even though they do not help pay for production of it.

Correct AnswerverifiedShow Answer

Current reports on crime are concerned solely with the number of crimes committed and not with dollar estimates of their cost.

Correct AnswerverifiedShow Answer

The demand for abortions would fall significantly if the service were made illegal.

Correct AnswerverifiedShow Answer

If society receives no additional benefit from increasing crime prevention activities,the MSB of crime prevention

Correct AnswerverifiedShow Answer

Which of the following could explain why criminals commit crimes that are punished by the death penalty?

Correct AnswerverifiedShow Answer

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