Examlex
Nationalism is an important example of a centrifugal force.
Expected-Utility Maximizer
An economic concept referring to an individual who chooses between uncertain prospects by comparing their expected utilities.
Bet
A wager or gamble where an individual risks a certain amount of money or valuables on the outcome of an uncertain event.
Random Variable
A variable whose possible values are outcomes of a random phenomenon, often used in probability and statistics.
Soft Drink
A non-alcoholic beverage usually carbonated, sweetened, and flavored, including sodas and cola drinks.
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Q59: Discuss the development of the modern concept