Brad Just Graduated from the Corrections Academy in His State

question 62

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:

Alpha

A measure of the excess return of an investment relative to the return of a benchmark index.

Actual Return

The real gain or loss experienced on an investment, typically expressed as a percentage of the investment's initial cost.

Portfolio Beta

This measures the sensitivity of a portfolio's returns to changes in the market's returns, indicating the portfolio's overall exposure to market risk.

Commodity Prices

Commodity prices are the market prices for raw materials such as gold, oil, and agricultural products, influenced by supply and demand factors.