What Is the Economic Reasoning Behind the Proposal to Legalize

question 108

Multiple Choice

What is the economic reasoning behind the proposal to legalize drugs?

• A) Legal drugs will greatly increase the supply, which will reduce the price Americans pay to foreign producers of the drugs.
• B) All forms of government restrictions on behavior are immoral and ought to be removed.
• C) Legal drugs will be much cheaper than illegal drugs, which will reduce incentive for crime to obtain money for drugs and to protect drug "businesses."
• D) Legal drugs will be more expensive than illegal drugs, and the market system will encourage more production, thus lowering the price.
• E) Dealing with supply is always easier than dealing with demand, and legalization accomplishes that.

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Definitions:

Authoritative Parents

Parents who are strict and warm; authoritative parents demand mature behavior but use reason rather than force in discipline.

Authoritarian Parents

Parents who enforce strict rules and demand obedience, often with little warmth or communication.

Doting Parents

Parents who are extremely and uncritically fond of their children, often to the point of indulging them excessively.

Limbic System

A group of structures involved in memory, motivation, and emotion that forms a fringe along the inner edge of the cerebrum.