Making Blackmail, Extortion, and Other Forms of Private Coercion Illegal

question 27

Multiple Choice

Making blackmail, extortion, and other forms of private coercion illegal is one way that government

• A) reduces private-sector economic risk.
• B) increases private-sector economic risk.
• C) reduces the market's economic efficiency.
• D) increases the economy's deadweight losses.

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Definitions:

Decision-making Authorities

Individuals or groups within an organization who have the power to make significant decisions affecting its direction and operations.

Task Significance

The degree to which a job has a substantial impact on the lives or work of other people.

Minimal Impact

The smallest or least significant effect or influence that an action may have on a given system or environment.

Autonomous Decisions

Decisions made independently by an individual or entity, often without the need for external approval or guidance.