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What Development in the 1970s and 1980s Is Considered One

question 10

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What development in the 1970s and 1980s is considered one of the most extensive experiments in industrial policy in the last half-century?


Definitions:

Amortized

The process of spreading out a loan or intangible asset into a series of fixed payments over time, reducing the value of the asset or paying off the debt.

Held-To-Maturity Investment

An investment in debt securities that a company has the intent and ability to hold until maturity.

Market Yield

The annual income return on an investment, expressed as a percentage of the market price of the investment.

Unrealized Gains

Profits from investments that have increased in value but have not been sold, and therefore are not yet considered income.

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