Examlex
Match the terms with their correct meanings.
-Tendency of an organism to maintain a constant internal environment
Net Private Domestic Investment
The total amount spent by businesses and firms in the economy on capital goods, minus depreciation.
Depreciation
The process of allocating the cost of a tangible asset over its useful life, reflecting the asset's consumption, wear and tear, or obsolescence.
Gross Private Domestic Investment
The total amount of private domestic investment in physical assets such as buildings, machinery, and equipment by businesses and individuals within a country.
Income Approach
A method of calculating GDP by adding up all incomes within the economy, including wages, interest, profits, and rents.
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