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Discuss the contact hypothesis.How does it help reduce prejudices amongst individuals?
Depreciation
The process of allocating the cost of a tangible or physical asset over its useful life, reflecting the decrease in value of an asset over time due to use, wear and tear, or obsolescence.
Gross Private Domestic Investment
The total spending on capital goods by private businesses and households within a country's economy, not including expenditures by the government.
Capital
Refers to financial assets or the financial value of assets, such as machinery and buildings, used in producing goods and services.
Net Exports
The value of a country's total exports minus its total imports, indicating whether a country has a trade surplus or deficit.
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