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Define cross-sectional design and longitudinal design.Develop an example of each using the same basic situation.
Positive
An attribute or condition that reflects an increase, improvement, or favorable outcome.
Gross Investment
The total amount of capital invested in a firm, including replacements for depreciation and new investments for expansion.
Net Investment
The difference between total investment in an economy and the depreciation of capital.
Depreciation
The process by which capital assets lose value over time due to use, wear and tear, or obsolescence.
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