The financial cost of street crime is __________ of the cost of white-collar crime.
A. less than 1/10
B. about 1/4
C. about 1/3
D. over 1/2
Textbook says 6% so I am completely lost on this question.
1/10 = 10%
1/4 = 25%
1/3 = 33%
1/2 = 50%
Based on the information provided, the financial cost of street crime is not directly compared with the financial cost of white-collar crime. Therefore, we cannot determine a specific ratio or percentage between the two.
However, since the textbook states that the financial cost of street crime is approximately 6%, it can be inferred that the financial cost of street crime is significantly lower than the financial cost of white-collar crime. This means that option A, "less than 1/10," may be the most appropriate answer choice in this context.
To determine the financial cost of street crime compared to white-collar crime, you need to understand the information given in the question and interpret it correctly.
The question states that the financial cost of street crime is a certain proportion of the cost of white-collar crime. The options given represent different fractions that could represent this proportion.
Given that the textbook says the financial cost of street crime is 6%, we need to find the option that matches this information. Let's go through the options one by one:
A. less than 1/10: This option represents less than 10%. Since the textbook states that the financial cost of street crime is 6%, it is not "less than 1/10" (which would be less than 10%).
B. about 1/4: This option represents approximately 25%. Since the textbook states that the financial cost of street crime is 6%, it is not "about 1/4" (which would be 25%).
C. about 1/3: This option represents approximately 33.33%. Since the textbook states that the financial cost of street crime is 6%, it is not "about 1/3" (which would be 33.33%).
D. over 1/2: This option represents more than 50%. Since the textbook states that the financial cost of street crime is 6%, it is not "over 1/2" (which would be more than 50%).
Based on the given information from the textbook, none of the options provided match the information. It's possible that the textbook and the question may have inconsistent information. In such cases, it would be important to clarify with the instructor or check additional resources for the correct answer.