One Factor That Has Led to New Approaches and Reforms

question 80

Multiple Choice

One factor that has led to new approaches and reforms in punishment is

• A)reduced crime rates
• B)the development of sentencing alternatives
• C)the economic recession
• D)all of the above

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Definitions:

Inferior Good

A type of good whose demand decreases as the income of consumers increases, contrasting with normal goods.

Supply

The total amount of a good or service that is available for purchase at any given price.

Perfectly Inelastic

Describes a situation where the quantity demanded or supplied does not change in response to a price change.

Recession

A period of declining real GDP, accompanied by lower real income and higher unemployment.