Which of the Following Is NOT One of the Three

question 90

Multiple Choice

Which of the following is NOT one of the three major arguments offered to support the community corrections movement in the United States?

• A) reduce the number and rate of people sentenced to intermediate sanctions
• B) reduce tax revenues spent on corrections by transferring both the costs and the funding to less-expensive local correctional facilities
• C) reduce prison populations in general
• D) reduce the number and rate of people sentenced to state prisons

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Definitions:

Risk-Free Rate

A risk-free investment's projected yield, often shown through the returns on government debt.

Call Option

This is a deal in financial settings enabling the purchaser the freedom, but not the requirement, to buy various assets such as stocks, bonds, or commodities at an established price before the conclusion of a certain timeframe.

Put Option

A financial contract allowing the holder to sell an asset at a predetermined price within a specific timeframe.

Strike Price

The price at which the holder of an option contract can buy (in the case of a call option) or sell (in the case of a put option) the underlying asset or security.