ASVAB Paragraph Comprehension Practice Test 176534

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
On Monday, after a long quarter-century, West Virginians said goodbye to their state's 6 percent food tax. Now to see what, if any, business we've been missing. In 1989, retailers warned that sales in West Virginia would go down if legislators imposed a 6 percent tax on food. "Whatever they put on would be passed on to the consumer," Charles Forth, who owned supermarkets in both West Virginia and Ohio, told the newspaper in February 1989. "Six percent is $6 on $100. That will make a difference when people are already hurting and trying to make ends meet." It's a lot easier to drive customers away than to win them back, a fact legislators should bear in mind when it comes to taxation.
Paragraph 3
The Marion County Board of Supervisors has appointed a newly established Workforce Investment Board (WIB) , which will implement the Workforce Investment Act of 1998. WIB’s mandate is to provide key policy decisions affecting the local workforce development system, and to identify and certify the areas within Marion County where WorkSource Texas Centers are located to be designated as Workforce Investment Areas.
Paragraph 4
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 5
The Mayan languages form a language family spoken in Mesoamerica and northern Central America. Mayan languages are spoken by at least 6 million indigenous Maya, primarily in Guatemala, Mexico, Belize and Honduras. In 1996, Guatemala formally recognized 21 Mayan languages by name, and Mexico recognizes eight more. The Mayan language family is one of the best documented and most studied in the Americas. Modern Mayan languages descend from Proto-Mayan, a language thought to have been spoken at least 5,000 years ago.