Who May Benefit from the Creation of Moral Panics About

question 2

Multiple Choice

Who may benefit from the creation of moral panics about youth gangs?

• A)the media, by increasing their audience and thereby their profits
• B)law enforcement, by receiving more funding to hire more officers or create specialized gang units
• C)gangs themselves, by increasing their membership and power within the community
• D)politicians, by gaining more votes after promising to "crack down" on young offenders
• E)the media, law enforcement, politicians, and gangs themselves are potential beneficiaries from moral panics about gangs

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Definitions:

Long-Run Aggregate-Supply

The total quantity of goods and services that producers in an economy are willing and able to supply at a full employment level, without any changes in the price level over the long term.

Short Run Aggregate Supply

The total supply of goods and services that businesses in an economy plan on selling during a short time period, assuming that the prices of resources do not change.

Price Level

A mean value of present prices for all goods and services in the economy, indicating the level of inflation or deflation.

Quantity of Output

The total amount of a particular good or service that is produced by a firm or economy.