Examlex
What occurs when offenders are diverted into a new program even though they are not really the individuals for whom the program was originally intended?
Interest Rate
The proportion at which principal loaned money is repaid with interest to the lender over time, usually as an annual rate.
Utility Function
A mathematical representation that ranks individuals' or entities' preferences over a set of goods or outcomes.
Consumption
The act of consuming goods and services either by individuals or society as a whole, central to economic analysis of demand and spending.
Income
The money received, usually on a regular basis, for work or through investments.
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