Explanations for the Decline in Crime Rates Since 1995 Include

question 30

Multiple Choice

Explanations for the decline in crime rates since 1995 include all of the following except

• A) a booming economy.
• B) increased federal expenditures to combat crime.
• C) an increase in the prison population.
• D) the legalization of abortion.
• E) a lack of concern about crime among American citizens.

---

Definitions:

Amortization Expense

The systematic allocation of the cost of an intangible asset over its useful life, reflecting its consumption or decline in value.

Useful Life

The expected period over which a fixed asset is projected to be usable by a company, affecting its depreciation or amortization schedules.

Maintenance and Repairs Expense

Costs incurred to keep property, plant, and equipment in operating condition and to fix unexpected breakdowns.

Closing Costs

These are fees and expenses, aside from the price of the property, paid by buyers and sellers when transferring ownership of a property.