ASVAB Paragraph Comprehension Practice Test 428308

Questions 5

Study Guide

Paragraph 1
A utility cooperative is a type of cooperative that is tasked with the delivery of a public utility such as electricity, water or telecommunications to its members. Profits are either reinvested for infrastructure or distributed to members in the form of "patronage" or "capital credits", which are essentially dividends paid on a member's investment into the cooperative. Each customer is a member and owner of the business with an equal say as every other member of the cooperative, unlike investor-owned utilities where the amount of say is governed by the number of shares held.
Paragraph 2
"Democracy's real test lies in its respect for minority opinions." - Ellery Sedgwick
Paragraph 3
The 1980 New York Mets season was the 19th regular season for the Mets, who played home games at Shea Stadium. Led by manager Joe Torre, the team had a 67-95 record, yielding a 5th place finish in the National League East.
Paragraph 4
Longtime Attorney General Darrell McGraw was a fierce enforcer of state consumer protection laws, winning billions from firms and fly-by-night outfits that committed consumer violations. For West Virginia illness and death caused by cigarettes, McGraw won two lawsuit settlements from 23 tobacco firms for $1.7 billion and $200 million. In 2002, McGraw won $56 million from 15 coal companies that used "independent contractors" to duck state workers' compensation obligations.
Paragraph 5
The expert predicted that America's gross domestic product will return to more than 3 percent yearly expansion. For example, Dow Chemical is investing $4 billion in Texas plastics production that will be operational by 2019. Such growth requires cheap oil and natural gas - and "by 2022 or so, the United States will surpass Saudi Arabia in oil output, and Russia in gas." He continued: "The big attraction is the low price of natural gas, the lowest-carbon fossil fuel, which can be produced profitably at about a third the price per unit of energy as other hydrocarbons. That is particularly attractive to chemical companies. It is the raw material for plastics, Styrofoam, tires, sealants, adhesives, films, liquid crystal screens, nylons, polyesters - nearly everything around us."