Which of the Following Is True

question 26

Multiple Choice

Which of the following is true?

• A) The United States experienced a great crime wave during the 1920s and early 1930s due to prohibition.
• B) Crime rates grew steadily in the twentieth century.
• C) According to historians, industrialization and urbanization contributed to the rise of crime.
• D) The Western part of the United States had less crime in the nineteenth century due to the fact that all citizens carried guns.
• E) During the Civil War, there was little crime as everyone focused on the war effort.

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Definitions:

Rational Expectations

A school of thought that argues people form expectations based on all available information, including the likely future actions of government policymakers.

Expansionary Monetary Policy

A strategy employed by central banks to increase the money supply and decrease interest rates to stimulate economic growth.

Workers

Individuals who perform tasks or services for wages or salary in various types of employment or labor.

Aggregate Supply Curve

Represents the total quantity of goods and services that producers in an economy are willing and able to supply at different price levels.