Nancy, aged 70, has a vacant plot adjacent to her house that she intends to bequeath to her grandson Roy upon her death. However, an important railroad project is being undertaken nearby and the local authorities have informed Nancy that the new railroad will cover her vacant lot. They have also promised her fair compensation in return. Can the government take her property?

Yes, the government can take her property.

Explanation:

The government can take Nancy's property because it has eminent domain over the property. In other words, it means that the government can take private property and make it a public giving the owner compensation for the land. Besides, there has to be a public purpose for the eminent domain over the plot; which, could be the construction of roads, railroads, or public buildings.

levels of production can be increased by technology while holding labor and capital constant, because increased technology makes the production process more efficient. subsequently, the lras curve is almost a vertical line, that can shift to the right, with an increase in technology.

the relationship between the lras curve and the ppc is that both can make the economy could grow. the ppc achieves that when it shifts outward because of more resources or technological advances while the lras curve shifts if more resources are developed or if there are technological advances.

the lras curve is a vertical line at an output level that represents the number of goods and services a nation can produce over a sustained period using all of its productive resources as efficiently as possible with all of the current technology available to it.

the production possibilities frontier (ppf) is a graphical device that is used for economic analysis of production decisions because the ppf measures the maximum possible combinations of two goods that an economy is capable of producing with its currently available resources and technology.

would it be plagiarism to copy and paste off of here? ?