In the 1930s, Sutherland First Used the Phrase "White-Collar Crime

question 59

Multiple Choice

In the 1930s, Sutherland first used the phrase "white-collar crime" to describe the criminal activities of:

• A) the rich and powerful.
• B) the proletariat.
• C) the mafia.
• D) businesspeople.

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Definitions:

Net Capital Outflow

The net flow of funds used for investments in foreign assets by a country minus the flow of investment funds into the country from abroad within a specified timeframe.

Foreign Assets

Investments or ownerships in enterprises, securities, or properties located outside the investor's domestic country.

Real Exchange Rate

The rate at which two currencies can be exchanged, adjusted for their countries' respective inflation rates, to purchase an equivalent quantity of goods and services.

Foreign Assets

Investments including securities and properties owned by a country or individual in foreign countries.