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    Modern Principles of Economics Study Set 2
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    Exam 26: Gdp and the Measurement of Progress
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    Over Time, Capital Wears Out
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Over Time, Capital Wears Out

Question 27

Question 27

Multiple Choice

Over time, capital wears out. The official term for this is


A) wear and tear.
B) depreciation.
C) capital dissolution.
D) a stock market crash.

Correct Answer:

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