Which of the Following Statements About Persons Who Typically Commit

question 29

Multiple Choice

Which of the following statements about persons who typically commit serious crimes is incorrect?

• A)They are unwilling to accept the mores of the people who write the law.
• B)They have a strong sense of responsibility.
• C)They are disproportionately young,poor,and members of racial or ethnic minority groups.
• D)Many have acute emotional and social problems.

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Definitions:

Unobservable Actions

Actions taken by individuals or entities that cannot be seen or monitored by others, often discussed in the context of economics or game theory.

Moral Hazard

A situation where one party is more likely to take risks because the negative consequences of the risk will be borne by another party.

Unobservable Actions

Actions taken by parties in a contract or agreement that cannot be directly observed or monitored by others.

Adverse Selection

A situation in which sellers have information that buyers do not, or vice versa, leading to an inefficient market outcome.