Examlex
In 1989, following a comprehensive review of death penalty research by a panel of distinguished scholars, the American Society of Criminology, the largest association of criminologists in the nation, passed a resolution condemning capital punishment and calling for its abolition. Among the reasons for the Society's position was the absence of consistent evidence of crime deterrence through execution.
Average Return
The simple mathematical average of a series of returns generated over a period of time.
NPV Technique
A method used in capital budgeting to evaluate the profitability of an investment or project, by calculating the net present value of all cash flows associated with it.
Mutually Exclusive
Events or choices that cannot occur or be taken at the same time.
Capital Projects
Large, longer-term investments undertaken by a business or government to create, maintain, or expand its operational capacity.
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