The authority of the government to take private property for public use, given just compensation to the owner, is known as
A) search and seizure.
B) eminent domain.
C) authoritarian capitalism.
D) internalizing an externality.
Correct Answer:
Verified
Q22: Holdouts who set a price for land
Q23: When the transactions costs involved in putting
Q24: Emma hopes to get $5 million for
Q25: Why would acquiring 20,000 acres of land
Q26: Explain why the transactions costs involved with
Q28: Government gets its takings power from
A) the
Q29: Compared to private bargaining, using eminent domain
Q30: The U.S. Constitution stipulates that when government
Q31: The use of eminent domain is probably
Q32: Eminent domain is used by
A) the federal
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