Examlex
Even though you paid little attention to and did not intentionally try to encode how many times your psychology professor has worn a particular shirt, you can recall that he has worn that shirt five times this semester. This type of encoding information without intention is called ____________.
Depreciation
The process of allocating the cost of a tangible asset over its useful life, reflecting the decrease in value over time.
AGI
Adjusted Gross Income is a measure of income calculated from your gross income and used to determine how much of your income is taxable.
Long-term Capital Losses
Financial losses realized from the sale of assets held for more than a year, which can be used to offset capital gains for tax purposes.
Short-term Capital Gains
Profits from the sale of an asset held for a year or less, typically taxed at higher rates than long-term capital gains.
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