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Consider This Passage: "When I First Heard the Expression 'Preponderance

question 5

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Consider this passage: "When I first heard the expression 'preponderance of evidence' I thought that it meant some maybe 80% if I had to quantify it. I learned the legal term 'preponderance of evidence' means more than 'reasonable suspicion,' 'reason to believe,' and 'substantial evidence.' But then I learned that 'preponderance of evidence' meant anything more than 50/50. Which was what, better than a coin flip? Certainly not the same as 'clear and convincing' or 'beyond a reasonable doubt' I discovered. What do you think? Should anything more than 50/50 enough to use the word 'preponderance'?" The previous passage is best described as ________.


Definitions:

Exchange Rate

The rate at which one currency can be exchanged for another, typically used in international trade and finance.

Purchasing-Power Parity

An economic theory that compares different countries' currencies through a "basket of goods" approach to determine the relative value of each currency.

Nominal Exchange Rates

The speed at which one form of money is traded for a different type of money, without taking inflation into account.

Price Levels

A broad measurement of the current price average for goods and services in the economy.

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