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If the supply curve decreases while the demand curve remains unchanged, the equilibrium price would increase.
Longer Sentences
Refers to the imposition of extended periods of imprisonment as punishment for crimes.
Penal Sanctions
Penalties imposed for violating laws or regulations, which can include fines, imprisonment, or other forms of punishment.
Truth-in-Sentencing Laws
Legislation requiring convicted individuals to serve a substantial portion of their sentence before being eligible for parole.
Violent Crimes
Criminal acts that involve force or the threat of force against others, such as murder, rape, robbery, and assault.
Q4: Exhibit 4-9 Data on supply and demand<br><img
Q18: Exhibit 4-3 Supply and demand curves <img
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