Identify the Correct Statement About White-Collar Crimes

question 82

Multiple Choice

Identify the correct statement about white-collar crimes.

• A)The term white-collar derives from a reference to the "white collars" that factory workers and laborers who committed these crimes wore as their everyday attire.
• B)They are typically street crimes or person crimes.
• C)White-collar criminals seldom commit their crimes on the job,in broad daylight.
• D)These crimes are committed in the professional work environment for financial gain through the use of deception.
• E)They are violent crimes committed by people in their professional capacity.

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Definitions:

Equilibrium

A state in which market supply and demand balance each other, resulting in stable prices and quantities.

Positively Sloped

A line or curve on a graph that moves upward and to the right, indicating a direct relationship between two variables.

Negatively Sloped

Describes a line on a graph that moves downward from left to right, indicating an inverse relationship between two variables.

Total Surplus

The sum of consumer surplus and producer surplus, representing the total benefits to society from the trade of a good or service.