Federal Courts Hear Criminal Cases That Are Prosecuted by the

question 21

Multiple Choice

Federal courts hear criminal cases that are prosecuted by the

• A) U.S. Marshals.
• B) U.S. Department of Justice.
• C) local officials.
• D) None of the above is correct; federal courts do not hear criminal cases.

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Definitions:

Pigovian Tax

A tax or charge levied on the production of a product that generates negative externalities. If set correctly, the tax will precisely offset the overallocation (overproduction) generated by the negative externality.

Clean Up

The process of removing contaminants, waste, or undesirable items from an area, thus restoring it to its original or acceptable condition.

Moral Hazard

The situation where one party takes on risk because they know that another party will bear the consequences.

Adverse Selection

A situation in insurance and markets where higher-risk individuals are more likely to select and use insurance or services, potentially leading to market inefficiencies.