Examlex
Suppose you just won the state lottery, and you have a choice between receiving $2,550,000 today or a 20-year annuity of $250,000, with the first payment coming one year from today.What rate of return is built into the annuity? Disregard taxes.
Social Change
The alteration in societal structures and norms over time, often driven by collective behavior and cultural innovations.
Collective Behavior
Actions taken by a group of people that are spontaneous, unstructured, and not regulated by formal rules, often arising in response to an event or shared emotion.
Western Beauty Standards
Aesthetic norms and ideals, often propagated by media and culture, emphasizing particular body types, facial features, and styles rooted in Western societies.
Gerrymandering
Redrawing the boundary lines of state voting districts in order to advantage one political party over another.
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