1. Suppose that for the United States, (%Δ Gun Murder Rate)/(%Δ Gun OwnerShip Rate)= .009
1a. If gun control legislation were able to reduce gun ownership by 99 percent, how exactly would society benefit?
1b. Based upon your answer in 1a, What can you conclude about the likely efficacy of gun control legislation in the United States?
1.
1A.
If gun ownership reduces by 99%,
Then,
% change in gun murder rate = .09*(-99%) = -8.91%
It means that the gun murder rate will come down by 8.91% if the gun control legislation can achieve the objective. So, society will be better off by decrease in gun murder rate by 8.91%.
1B.
Gun control legislation has impact only upon the control of gun ownership. The legislation can only affect the murder rate associated with the ownership of guns. But, the legislation does not show control over the other reasons that make murders due to gun.
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