Examlex
In the simple circular-flow diagram,who buys the factors of production?
Retained Earnings
Accumulated net income not distributed to shareholders as dividends but retained by the company for reinvestment in its operations or to pay debt.
Mining Tract
A specific piece of land designated for mineral extraction and mining operations.
Depletion
A method used to allocate the cost of extracting natural resources, such as timber, minerals, and oil, from the earth over the period those resources are consumed.
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