Probation Is a Relatively Low Cost Correctional Alternative

question 107

True/False

Probation is a relatively low cost correctional alternative.

Understand the concept of market efficiency and how externalities affect market outcomes.

Identify and evaluate policies for correcting market failures due to externalities, including taxes, subsidies, and tradeable permits.

Analyze the impact of government intervention on market equilibrium, including taxes and subsidies.

Understand the marginal social cost and marginal social benefit within the context of externalities.

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Definitions:

Optimism

The tendency to maintain a positive outlook and approach towards life's challenges, focusing on favorable outcomes.

Spontaneous Remission

The surprising recovery or healing from an illness or condition without any treatment from a healthcare professional.

Type A Personality

A temperament characterized by high levels of competitiveness, self-drive, aggressiveness, and a sense of urgency, often associated with stress and heart disease.

General Adaptation Syndrome

A theoretical model describing the body's response to stress in three stages: alarm, resistance, and exhaustion.