Depreciation Refers to a Decrease in the Value of a Good

question 72

Multiple Choice

Depreciation refers to a decrease in the value of a good caused by

• A) an increase in the price level.
• B) a decrease in the price level.
• C) "wear and tear" of capital goods over time.
• D) the depreciation allowance.
• E) a decrease in purchasing power.

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Definitions:

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