Examlex

Solved

Kim and Jordan Are Both Eyewitnesses to a Bank Robbery

question 186

Multiple Choice

Kim and Jordan are both eyewitnesses to a bank robbery. At the police station they each select Mike from a police lineup, and say, "He's the thief." It turns out though, that Mike has been a customer at the store where Kim works. Jordan has never seen Mike before. With this background, whose identification of Mike is more valuable to the police?


Definitions:

Trading Possibilities Curve

A graphical representation that shows the different quantities of two goods or services that a country can efficiently produce and trade given fixed resources.

Specialize

The process of focusing on a narrow area of expertise or production, allowing individuals or firms to increase efficiency and quality.

Domestic Price

The price of goods or services within a country's borders, as opposed to their price when exported.

World Price

The global market price of a good or service, determined by supply and demand across all countries.

Related Questions