Explain Two Functions the Police Perform in Society and How

question 28

Essay

Explain two functions the police perform in society and how the public perceives police performance in these areas.

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Definitions:

Disinflation

A reduction in inflation rate, signifying a deceleration in how quickly the costs for goods and services increase.

Inflation

The progression speed of the general price index for goods and services, diminishing the effective value of money.

Cost-Push Inflation

Rising costs of doing business push up prices.

Open-Market Operations

Activities undertaken by central banks to buy or sell government securities in the open market to influence the money supply and interest rates.