Brad Just Graduated from the Corrections Academy in His State

question 23

Multiple Choice

Brad just graduated from the corrections academy in his state. He has been assigned to a maximum security prison that houses all types of offenders. He is shadowing a veteran correctional officer named Carl. While working one day in the yard, Carl confides in Brad that he is planning to apply to the Federal Bureau of Prisons to be a correctional officer. He wants to make the change because the federal government pays their correctional officers more. Brad is curious about the requirements to become a federal correctional officer. He asks Carl what the minimum educational requirements are to become a federal correctional officer. Carl tells Brad that he must at least have a:

• A)GED.
• B)high school diploma.
• C)three years of college.
• D)a bachelor's degree.

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Definitions:

Income

Monetary gain derived from work, investments, business, or other sources intended to fund personal expenditures.

Tax

A mandatory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Utility Function

A rephrased definition: A tool in economics to quantify an individual's satisfaction from consuming different bundles of goods and services.

Price

The sum of money needed to buy a product or service.