Examlex
Explain how the mission of a jail is different from that of a prison.
Price Floor
A government or regulatory-imposed minimum price set above the equilibrium price, preventing market prices from falling below it.
Producer Surplus
The difference between what producers are willing to accept for a good versus what they actually receive, measured as the area above the supply curve and below the market price.
Government Spend
Public expenditure by government entities on goods, services, and infrastructure for a country's economy and citizens' welfare.
Import Quota
Limit on the quantity of a good that can be imported.
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Q77: Transgender female prisoners are much more likely
Q80: Which of the three roles of probation