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Assignment
Review Questions
1. What are detention and correctional facilities? How are they different?2. What is parole? Who makes the decisions about parole?3. Describe a typical inmate in a prison in the United States.4. What are the benefits of the probation system?5. What is restitution?
Critical Thinking Questions
1. Some scholars have argued that the parole system should be abolished. Do you agree or disagree with this? Why?
2. Some prisons are now being run on a "for-profit" basis. Do you think that this is a good or bad idea? Why?
3. Do you think that any of the current punishments deter or reduce crime? Why or why not? Which punishment do you think is most likely to reduce crime in society?
4. Which alternative sanction do you think is best? Why?
5. If you had to reform the system of punishments and corrections, what would you do? Why?
Design an algorithm to prepare a job applicant report. Input consists of a series of records that contain the social security number or equivalent, last name, first name, middle initial, verbal test score, science test score, math test score score..
If a computer project takes 6 months, how much does it cost in terms of a computer programmer salary to complete the project in the United States?
Show that if interest rate parity and purchasing power parity both hold between the two countries that the two countries real interest rates r and r* will be equal.
Based on current dividend yields and expected capital gains, the expected rates of return on portfolios A and B are 11% and 14%, respectively. The beta of A is .8 while that of B is 1.5. The T-bill rate is currently 6%, while the expected rate of ..
Write the expression for the demand curve, i.e., P = f(Q). What kind of expression is this?
How do you think barriers to entry and product homogeneity affect the competitive nature of industries? For example, why do some agricultural products, such as wheat and soybeans, tend to fit the definition of perfectly competitive markets more th..
If thevalue of multiplier is 2.49 then find out: MPC MPS What is the relationship between the value of multiplier and MPC?
Price can be substituted for marginal revenue in the MR = MC rule when an industry is purely competitive because price minus cost equals marginal revenue. and marginal cost are the same in pure competition. is the same as average revenue.
1. Define fiscal policy. Determine whether each of the following, other factors held constant, would lead to an increase, a decrease, or no change in the level of real GDP demanded:
Illustrtae what situation in which both parties entering into a contract could benefit from slightly ambiguous language contained in the contract.
Suppose that the rate of inflation in Japan is 2% in 2011. If the rate of inflation in Germany is 5% during 2011, by how much would the yen strengthen relative to the euro if relative PPP is satisfied during 2011?
Demonstrate how metrics such as valuation, economic profit, and related terms are measured and evaluated. Explain the significance and implications of various economic theories pertaining to profit, consumer choice, demand and supply, forecasting a..
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