In 2017, How Many Criminal Code Incidents Were Reported to the Police

question 94

Multiple Choice

In 2017, how many Criminal Code incidents were reported to the police (excluding traffic incidents and those involving other federal statutes such as drug offences) ?

• A)approximately 500,000
• B)just under 1 million
• C)just over 1.95 million
• D)over 3.5 million

---

Definitions:

External Costs

External costs, also known as negative externalities, are the costs experienced by third parties who are not involved in an economic transaction, often not reflected in market transactions.

Market Price

The market price at which you can currently buy or sell a service or asset.

Efficient Equilibrium

A state in an economy where every resource is optimally allocated to serve each individual or entity in the best way while minimizing waste and inefficiency.

External Benefits

Benefits resulting from a transaction that affect parties not directly involved in the transaction, often leading to positive outcomes for society.