How would you record earnings of a Pakistani-born resident of Kuwait that are sent home to relatives in the balance of payments?
What will be an ideal response?
The transaction would be recorded as unilateral transfer or gift between residents of one country and another.
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The weight of sacks of potatoes is normally distributed with a mean of 20 pounds and a standard deviation of 2 pounds. The weight of sacks of onions is also normally distributed with a mean of 20 pounds and a standard deviation of 0.50 pounds
Based on this information, which product will yield the highest probability of getting a very heavy sack?
Jill recently inherited money from her old aunt Maude. Jill decided to buy beach-front property in Beaufort, South Carolina. Jill's new property consists of 3 acres of land, with direct access to the ocean. When she bought the land there is no home on it, but she wants to build a beach home in the future. A year after she bought the lovely lot, the city of Beaufort rezones the land, prohibiting
any building so that other residents can enjoy the view. If, as a result of its new ordinance, the city of Beaufort causes Jill's property to be worth $1.1 million instead of the $1.5 million she paid for it: a. the city will have to pay Jill just compensation b. the city will have to give Jill other property c. Jill will have to deed her property to the city d. Jill will have to sign over her due process rights e. Jill is out of luck