Which of the Following Statements Is True

question 39

Multiple Choice

Which of the following statements is true?

• A) Price ceilings set below the equilibrium price cause shortages.
• B) Surpluses result when a price floor is set above the equilibrium price.
• C) Price ceililngs set above the equilibrium price cause surpluses.
• D) Price ceilings are set by the market and price floors are set by the government.
• E) ​a and b

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Definitions:

Criminal Justice System

A collection of government agencies and institutions aimed at maintaining social control, deterring and mitigating crime, and sanctioning those who violate laws with criminal penalties and rehabilitation efforts.

Depressed Rural Area

A region in the countryside experiencing significant economic decline, high unemployment rates, and poverty.

Criminal Subcultures

Groups within larger cultures that develop their own norms and values centered around criminal activities.

Deviance

Behaviors that violate established norms or values within a society or group, which can be seen as threatening to social order or cohesion.