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Expenditures by Firms on New Machines and Buildings That Are

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Expenditures by firms on new machines and buildings that are expected to yield a future stream of income is known as


Definitions:

Chiefdoms

A form of hierarchical political organization in non-industrial societies usually based on kinship, and led by a chief.

Hereditary

Relating to characteristics, properties, or conditions that are passed from parents to their offspring through genes.

Natural Selection

The evolutionary process through which factors in the environment exert pressure, favoring some individuals over others to produce the next generation.

Combat

A situation where armed conflict or fighting occurs between entities such as nations, states, or other organized groups or between individuals.

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