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When application software is updated to fix an error or add a new feature, a section of coding called a ________ is inserted into the program.
Economic Welfare
The overall well-being and standard of living of people within an economy, often measured by indicators like income, health, and education.
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.
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