Lack of Confidence in Correctional Programming Peaked in 1974 When

question 56

Multiple Choice

Lack of confidence in correctional programming peaked in 1974 when __________ publication concluded that, "with few exceptions, the rehabilitative efforts that have been reported so far had no appreciable effect on recidivism."

• A) Robert Martinson's
• B) Andrew von Hirsch's
• C) Herbert Packer's
• D) James Marquart's

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Definitions:

Present Value

The monetary valuation presently of a future sum of money or ongoing cash flows, considering a predetermined rate of return.

Interest Rate

The amount charged by a lender to a borrower for the use of assets, expressed as a percentage of the principal, typically on an annual basis.

Discount Rate

Within DCF analysis, it's the rate employed to compute the present economic value of expected future cash inflows.

Present Value

The current value of a future sum of money or stream of cash flows, discounted at a specific interest rate.