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Proposal writers should avoid mentioning staff qualifications and credentials in a formal proposal.
Capital Equipment
Long-term assets, such as machinery and buildings, used in the production of goods and services.
Investment
Allocation of resources, such as capital, to assets that are expected to generate returns over time.
GDP
Gross Domestic Product, a monetary measure of the market value of all the final goods and services produced in a specific time period, often used as an indicator of a country's economic health.
Expenditures
The total amount of money spent by an individual, firm, or government on goods and services.
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