ASVAB Paragraph Comprehension Practice Test 342475

Questions 5

Study Guide

Paragraph 1
Six years ago, lawyer-banker-scholar Charles Morris wrote a prophetic book - 'Two-Trillion-Dollar Meltdown: Easy Money, High-Rollers and the Great Credit Crunch' - that foresaw the 2008 Great Recession before it clobbered America and the world. Now Morris has reversed course and sees good times ahead. His forthcoming book, 'Comeback,' predicts that surging U.S. energy independence will bring a buoyant rise in American manufacturing and jobs.
Paragraph 2
"Give me your tired, your poor, your huddled masses yearning to breathe free, the wretched refuse of your teeming shore. Send these, the homeless, tempest-tossed, to me. I lift my lamp beside the golden door." - Emma Lazarus, inscription for the Statue of Liberty
Paragraph 3
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 4
On this date in 1776, rebellious colonials launched the first modern democracy, an experiment in government controlled by the people themselves. America succeeded so well that virtually the entire world later adopted democracy with its guarantee of personal rights.
Paragraph 5
The main function of the Civil Grand Jury is to investigate county, city, and joint - power agencies. This is a significant civil function. The Grand Jury acts in a watchdog capacity by examining carefully and completely the operations of various government agencies with in Los Angeles County. The Civil Grand Jury cannot investigate state or federal agencies, which lie outside their jurisdiction. Part of the investigation of governmental agencies includes the ability to audit operations, accounts, and records of officers and departments within the agency under investigation. The Civil Grand Jury is further charged with investigating individual complaints from citizens. By statute the Grand Jury is required to inquire regarding the conditions and management of all public prisons within the County of Los Angeles.