Among the Most Difficult Costs of Crime to Evaluate Might

question 11

Multiple Choice

Among the most difficult costs of crime to evaluate might be the

• A)costs of law enforcement activities undertaken because of the crime.
• B)market value of material possessions stolen, damaged or destroyed.
• C)deterioration in quality of life due to physical injury.
• D)wages lost due to missed work days following an assault.

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Definitions:

Required Reserves

The minimum amount of funds that a bank or depository institution must hold in reserve against specified deposit liabilities.

Excess Reserves

are the funds that banks hold over and above the required minimum reserves mandated by the central bank.

Federal Reserve Banks

Part of the central banking system of the United States, responsible for implementing monetary policy, providing financial services, and supervising and regulating banks.

Depository Institutions

Financial institutions such as banks and credit unions that accept deposits from individuals and provide loans.