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Nostrana [21]
2 years ago
11

Pretend that you are a small business owner in the city of New London. Using the text you just read as well as your knowledge of

property rights and market-based economies, compose a two-paragraph letter to the editor that expresses your opinion about whether eminent domain was justly applied in the Kelo case. Be sure to include:
Business
1 answer:
Scilla [17]2 years ago
5 0

The Kelo case proved to be a revelation for many New Londoners about their property rights.

<h3>How to illustrate the information?</h3>

Dera editor,

Small business owners have to be careful to avoid falling under the radar of government development projects.

Until now, I was under the impression that eminent domain gave the government the right to take private property as long as it was for public use.

My assumption included that public use defined anything that the public could literally use. Apparently, the court went with a broader interpretation of public use under which “a taking is constitutional if it serves a public purpose” (Kelo v. City of New London).

This interpretation means public use includes anything that is deemed fit for public purpose, even though I or most citizens may not be able to directly use it.

This raises the concern of what all could fall under public use. I trust that the government won’t go on seizing private properties for its unrestrained use. However, the Kelo case still proves to be a matter of concern for me.

Learn more about eminent domain on:

brainly.com/question/9308155

#SPJ1

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Answer:

Decrease by $ 186,000

Explanation:

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Total Variable $ 372

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4 0
3 years ago
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yawa3891 [41]

Answer:

They need to put into the account a total of $67,290 to ensure that they will have $ 100,000 in 9 ​years.

Explanation:

We have to calculate the present value of the sum needed in 9 years ($100,000), with a annual fixed interest rate of 4.5%.

This can be calculated as:

PV=FV/(1+i)^n\\\\PV=100,000/(1.045)^9\\\\PV=100,000/1.486\\\\PV=67,290

They need to put into the account a total of $67,290 to ensure that they will have $ 100,000 in 9 ​years.

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PtichkaEL [24]

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<h3><u>What is human capital?</u></h3>
  • Social scientists refer to personal qualities seen to be helpful in the manufacturing process as "human capital." It includes the education, health, and knowledge of the workforce.
  • Individual incomes are significantly impacted by human capital. According to research, making investments in human capital pays off handsomely throughout youth and young adulthood.
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Paul Romer, who created the current innovation-driven approach to comprehending economic growth, was jointly awarded the 2018 Nobel Prize for Economics as a result of his conceptualization and modeling work incorporating Human Capital as a crucial aspect.

Know more about human capital with the help of the given link:

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An inside director.

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