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What Is the Fiscal Period Assumption and Why Is It

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What is the fiscal period assumption and why is it used?


Definitions:

White Flight

White Flight refers to the phenomenon where white residents migrate away from urban areas to suburbs or farther, often in response to the racial integration of neighborhoods or schools.

Deurbanization

The process in which there is a decrease in the urban population, typically as a result of economic, social, or environmental factors, leading to the growth of rural areas or smaller cities.

New York City

A major metropolitan city in the United States, known for its significant cultural, financial, and media influences both nationally and internationally.

Environmental Racism

The disproportionate exposure of marginalized communities to environmental hazards and pollution, often due to discriminatory policies or practices.

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