Examlex
Depreciation of factory equipment is classified as:
Income Distribution
Describes how a nation's total earnings are spread among its population, affecting economic inequality.
Household Income
The combined gross income of all members of a household, serving as a measure for various economic indicators and eligibility for financial assistance programs.
Annual Income
Annual income refers to the total earnings received by an individual, household, or entity within a year from all sources, including wages, investments, and other forms of compensation.
Income Distribution
How income is spread across different sections of the population, often used to analyze economic inequality.
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