In 1994, in Response to Fears of School Shootings and Violence

question 24

Multiple Choice

In 1994, in response to fears of school shootings and violence, the crack cocaine epidemic, and worries about youth gangs, Congress enacted the ______.

• A) Gun-Free Schools Act
• B) Keep Our Children Safe Act
• C) McGregor Gun Control Act
• D) Violence Prevention Act

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Definitions:

Diseconomies of Scale

Increases in the firm’s per-unit costs associated with increases in firm size due to inefficiencies and monitoring problems.

Anti-Employment Discrimination Legislation

Laws designed to prevent discrimination in hiring, promotion, job assignment, termination, and compensation based on certain specified characteristics.

Female/Male Earnings Ratio

A measure comparing the average earnings of female workers to those of male workers, often utilized to highlight gender pay gaps in the workforce.

Law of Diminishing Returns

An economic principle stating that if one factor of production is increased while others remain constant, the overall returns will eventually decrease after a certain point.