Which of the Following Conclusions Can Be Drawn from the Knowledge

question 31

Multiple Choice

Which of the following conclusions can be drawn from the knowledge that there is a correlation between poverty and crime?

• A) Crime is the sole cause of poverty.
• B) Poverty is the main cause of crime.
• C) Poverty is one of several causes of crime.
• D) Poverty may be a cause of crime.

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Definitions:

Complements

Goods or services that are used together, where the increase in consumption of one leads to an increase in consumption of the other.

Substitutes

Goods or services that can be used in place of each other, where an increase in the price of one leads to an increase in the demand for the other.

Elasticity Coefficient

Refers to a numerical measurement of how responsive an economic variable is to a change in another variable.

Supply Elastic

Relates to how much the quantity supplied of a good changes in response to changes in its price.