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Compare and contrast three constitutional clauses that give the national government significant authority. Be sure to define each clause and demonstrate its effects on federalism.
Depreciation Method
A systematic approach for allocating the cost of a tangible asset over its useful life, reflecting the asset's consumption, wear and tear, or obsolescence.
Residual Value
The estimated value that an asset will have at the end of its useful life, often considered for depreciation calculations.
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