How Did Edwin Sutherland Refer to the Criminal Activities of the Rich

question 7

Multiple Choice

How did Edwin Sutherland refer to the criminal activities of the rich and powerful?

• A)white-collar crime
• B)organized crime
• C)corporate crime
• D)elite crime

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Definitions:

Deflationary Gap

A condition in which aggregate demand is lower than the aggregate supply potentially leading to deflation.

Full Employment GDP

The total value of all goods and services produced when the economy is operating at full employment, with no cyclical unemployment.

Federal Budget Deficit

The financial situation that occurs when a government spends more money than it receives in revenue, typically measured over a fiscal year.

Fiscal Policy

The use of government spending and taxation to influence the economy, including efforts to adjust the level of aggregate demand through public expenditure and taxation rates.