Under the conditions set for the taking of property by eminent domain, the government could take private property
A) to build a highway.
B) to allow a private developer to construct residential housing.
C) so a professional sports franchise can build a new stadium.
D) all of the above
D
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The ________ is defined as the ratio of the dollar price of a basket of goods and services in the U.S., divided by the dollar price of the same basket of goods and services in a foreign county
A) real exchange rate B) ordinal exchange rate C) nominal exchange rate D) expected exchange rate
Assume a government likes a particular equilibrium along the contract curve. It can achieve that equilibrium through competition and income redistribution
What will be an ideal response?
Economists usually have to make do with whatever data the world happens to give them
a. True b. False Indicate whether the statement is true or false
Rent subsidies and wage subsidies are better than price controls at helping the poor because they have no costs associated with them
a. True b. False Indicate whether the statement is true or false