Which Is Following Observations Is TRUE

question 10

Multiple Choice

Which is following observations is TRUE?

• A)Research shows that only people with a criminal mind set can commit fraud.
• B)Fraud perpetrators usually can be distinguished from others on the basis of demographic characteristics.
• C)Most fraud perpetrators have profiles that look like those of other honest people.
• D)When fraud does occur,the most common reaction by those around the fraud is confession.

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Definitions:

Recession

A downturn in the economy.

Equilibrium Price

The price at which the quantity of a good demanded by consumers equals the quantity supplied by producers, resulting in market balance.

Equilibrium Quantity

Equilibrium Quantity is the quantity of goods or services that is supplied and demanded at the equilibrium price, where market supply and demand balance.

Demand Curve

A chart that demonstrates how the demand for a product changes in response to its price during a particular period.