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An Economic Intrepration Of Th

Economics is a way of life: The Lottery is not A lottery is something that many people would be very excited to win. Most people think of a huge cash reward for winning a lottery. The thought of millions of dollars being awarded just because they picked your name is very exciting. In most cases, the possibility of winning one of these great lotteries is very slim; you would have a better chance of being hit by lightning. Shirley Jackson writes about a lottery that took place in a small farming community consisting of a meager 300 people. The probability of winning this lottery is good; you would have a one in three hundre ....

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