With Regard to the Local Prosecution of White Collar Crime

question 101

Multiple Choice

With regard to the local prosecution of white collar crime, which of the following is true?

• A) Most local prosecutors surveyed say they have never prosecuted such crime
• B) Most local prosecutors handle only a few white collar crime cases per year
• C) The prosecution of white collar crime cases has become less of a priority since the 1970s
• D) Prosecutors who pursue white collar crime cases say they do so for practical, as opposed to idealistic, reasons

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Definitions:

Future Price

The anticipated cost or value of a good, security, or commodity at a specified future date, often used in the context of futures trading.

Downsloping Demand

This term illustrates a standard economic theory where the demand curve slopes downward, indicating that as the price decreases, the quantity demanded increases.

Upsloping Supply

Refers to a supply curve that slopes upwards, indicating that higher prices lead to a higher quantity supplied.

Excise Tax

A tax levied on specific goods or services, such as alcohol or gasoline, usually to discourage their consumption or to raise revenue for public purposes.