The Cost/benefit Approach That Economists Agree on Requires an Economist

question 100

Multiple Choice

The cost/benefit approach that economists agree on requires an economist to determine a quantitative cost and benefit for:

• A) only tangible items.
• B) everything but life.
• C) everything, including life.
• D) everything, including life but not potential lives.

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Definitions:

Justifiable Use of Force

Legally permitted application of force under certain circumstances, such as self-defense or to uphold the law.

Probable Cause

Any essential element and/or standard by which a lawful officer may make a valid arrest, conduct a personal or property search, or obtain a warrant.

Arrest Warrant

A document issued by a judge or magistrate that authorizes the arrest and detention of an individual.

Reasonable Suspicion

A standard used in criminal procedure that allows law enforcement to initiate an investigation or make an arrest, based on specific and articulable facts that suggest criminal activity is afoot.