The Police Suspect That a Store Is Illegally Selling Illicit

question 52

Multiple Choice

The police suspect that a store is illegally selling illicit drug paraphernalia. A plain clothes detective working undercover enters the store, purchases items, leaves the store, and comes back with a search warrant for the store and an arrest warrant for the store's owner. In terms of the Fourth Amendment, the initial possession of the goods by the police _____.

• A) constituted a search, but not a seizure
• B) constituted both a search and seizure
• C) did not constitute a search or a seizure
• D) constituted a seizure, but not a search

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Definitions:

Real Interest Rate

Represents the rate of interest an investor expects to receive after allowing for inflation.

Inflation

The pace at which prices for general goods and services ascend, thus diminishing the capability to purchase.

Real Interest Rate

The interest rate adjusted for the inflation rate, reflecting the real cost of borrowing and the real yield to lenders or investors.

Nominal Interest Rate

The rate of interest before adjusting for inflation, representing the face value of interest payments.