In Prison, _____ of Inmates Have Less Than a High-School

question 43

Multiple Choice

In prison, _____ of inmates have less than a high-school education. In the U.S. population over 18 years of age, _____ of people have less than a high-school education.

• A) 10.1%; 2.7%
• B) 16.4%; 5.0%
• C) 20.3%; 8.8%
• D) 30.6%; 12.4%

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Definitions:

Surplus

An excess of income or assets over expenditure or liabilities in a given period, typically referring to profit or a budgetary surplus.

Shortage

A market condition in which the demand for a product exceeds its supply at a particular price.

Market Price

The actual selling price of a good or service in the marketplace, determined by the forces of supply and demand.

Surplus

A situation in which the quantity of a good or service exceeds the quantity demanded at the current price.