Which of the Following Is Not a Main Principle of Classical

question 30

Multiple Choice

Which of the following is not a main principle of classical criminology?

• A)Criminal behavior is rational.
• B)People who commit crimes weigh the costs and benefits.
• C)Fear of punishment keeps most people in check.
• D)Punishment should be tailored to each individual person.

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Definitions:

Exchange Rate

The worth of one currency when converted into another.

Inflation Rate

The rate of increase in the general price level for goods and services, undermining consumer purchasing ability.

Net Present Value

A profitability measure for an investment that is determined by deducting the present value of cash outflows from the present value of cash inflows throughout a specific time frame.

Uncovered Interest Rate Parity

An economic theory stating that the difference in interest rates between two countries is equal to the expected change in exchange rates between their currencies, assuming no hedge against exchange rate risk.