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If disposable income increases, people _______ saving and the real interest rate _______.
Salvage Value
The estimated residual value of an asset at the end of its useful life, reflecting what it could be sold for or scrapped.
Book Value
The net value of a company's assets as recorded on the balance sheet, typically used as a measure to assess whether a stock is under- or overvalued.
Historical Cost
The original monetary value of an asset or transaction, based on the purchase price or cost at the time of acquisition.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded against a company's assets over time.
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