Making Blackmail, Extortion, and Other Forms of Private Coercion Illegal

question 27

Multiple Choice

Making blackmail, extortion, and other forms of private coercion illegal is one way that government

• A) reduces private-sector economic risk.
• B) increases private-sector economic risk.
• C) reduces the market's economic efficiency.
• D) increases the economy's deadweight losses.

---

Definitions:

Zero-Interest Financing

Zero-Interest Financing is a loan or credit offer with a 0% interest rate for a set period, making purchases more affordable upfront but often requiring a good credit score.

APR

Annual Percentage Rate, which represents the annualized cost of credit including interest and fees, making it easier to compare loan products.

Growing Annuity

A series of periodic payments that grow at a constant rate for a specific number of periods.

Cash Flow Growth

An increase in the amount of money moving in and out of a business over a specific period, indicative of its financial health and operational efficiency.