________________ Is the Degree to Which People or Communities Are

question 3

Multiple Choice

________________ is the degree to which people or communities are affected, either adversely or beneficially, by a varying climate or other change.

• A) Exposure
• B) Sensitivity
• C) Adaptive capacity
• D) Vulnerability

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Definitions:

Residual Value

The estimated value of an asset at the end of its useful life.

Depreciation

The method of distributing the expense of a physical asset throughout its life span.

Double-Declining-Balance

An accelerated method of depreciation where an asset loses value at double the rate of the straight-line depreciation method.

Residual Value

The estimated salvage value of an asset at the end of its useful life, used in calculating depreciation.