Examlex
Whenever π = 0.1 and n is small, the binomial distribution will be
Economic Rent
Income earned from the possession of a unique asset or advantage not due to individual effort or investment, such as land ownership or patents.
Unearned Surplus
Income derived from investments rather than from work or productive activity.
Henry George
Henry George was an American political economist and journalist who advocated for the "Single Tax" on land, arguing that this would reduce economic inequalities and promote social justice.
Entrepreneur
An individual who starts and runs a business, taking on financial risks in the hope of profit.
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