A condition for the use of eminent domain is that the property being taken

A) must remain the property of the government entity which authorized the use of eminent domain.
B) must be intended for public use.
C) must be undeveloped property.
D) must be considered blighted property.

B

Economics

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In the above figure, the total dollar amount of the Medicare subsidies provided by the government is equal to

A) the difference between Ps and P0 multiplied by QM. B) the difference between Ps and Pd multiplied by QM. C) the difference between P0 and Pd multiplied by Qd. D) the difference between Ps and Pd multiplied by Q0.

Economics

The game in the figure shown is a version of:

This figure shows the payoffs involved when Sarah and Joe work on a school project together for a single grade. They both will enjoy a higher grade when more effort is put into the project, but they also get pleasure from goofing off and not working on the project. The payoffs can be thought of as the utility each would get from the effort they individually put forth and the grade they jointly receive.


A. a sequential game.
B. a simultaneous game.
C. a cooperative game.
D. an ultimatum.

Economics