Crimes That Include Only a Criminal Act Are Rare

question 10

True/False

Crimes that include only a criminal act are rare.

---

Definitions:

Deadweight Loss

A loss in economic efficiency that can occur when the equilibrium for a good or service is not achieved or is unattainable.

Commodity

A basic good used in commerce that is interchangeable with other goods of the same type.

Tax

a financial charge or other levy imposed upon a taxpayer by a governmental organization in order to fund public expenditures.

Tax Avoidance

The legal practice of arranging one's financial affairs to minimize tax liability within the law.