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Consider the Negative Relationship Between Employment and Crime

question 58

Short Answer

Consider the negative relationship between employment and crime. Name one other variable that might intervene in this relationship.


Definitions:

Normal Good

A type of good for which demand increases as the income of individuals or the economy grows.

Substitution Effect

The substitution effect occurs when consumers replace more expensive items with less costly alternatives.

Income Effect

A change in the quantity demanded of a good or service as a result of a change in real income (purchasing power).

Inferior Good

A type of good for which demand declines as the income of individuals or the economy increases, opposite to normal goods.

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