Which of the Following Statements About the Trends in Juvenile

question 3

Multiple Choice

Which of the following statements about the trends in juvenile delinquency in the U.S.is NOT true?

• A)About half of the delinquency caseloads in 2005 involved females.
• B)Delinquency rates among minority groups are higher than average.
• C)Delinquency rates among lower-socioeconomic-status youth are especially high.
• D)Males are more likely to engage in delinquency than are females.

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Definitions:

Long-Run Equilibrium

A state in which all factors of production can be adjusted, markets clear, and no economic agents have the incentive to change their behavior.

Marginal Revenue

The additional income that a business receives from selling one more unit of a good or service.

Economic Profits

The difference between total revenues and total costs, including both explicit and implicit costs.

Short-Run Equilibrium

A state in which market supply and demand balance out at current prices, leading to an economic situation where no incentive exists for prices to change.