Relative to Other Countries

question 18

Multiple Choice

Relative to other countries

• A) America is more punitive in our tendency to imprison serious offenders, and more punitive in terms of time served for property crimes
• B) America is similar in our tendency to imprison serious offenders, and similar in terms of time served for property crimes
• C) America is similar in our tendency to imprison serious offenders, but more punitive in terms of time served for property crimes
• D) America is punitive in our tendency to imprison serious offenders, but similar in terms of time served for property crimes

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Definitions:

Demand Curve

A graph that shows the relationship between the price of a good and the quantity demanded by consumers at various prices.

Law of Supply

The economic principle stating that as the price of a good or service increases, the quantity supplied of that good or service will also increase, ceteris paribus.

Decreasing Opportunity Costs

A situation in which sacrificing less of one good to produce another becomes possible, often due to efficiencies or learning.

Marginal Utility

The extra pleasure or benefit gained by a person from consuming one more unit of a product or service.