Examlex
As labor productivity increases,which of the following shifts in the labor market should occur?
Depletion
The allocation of the cost of natural resources over their useful life or extraction period.
Double-Declining-Balance Method
A method of accelerated depreciation where an asset's book value is reduced at double the rate of its straight-line depreciation.
MACRS
Stands for Modified Accelerated Cost Recovery System, which is a method of depreciation used for tax purposes in the United States that allows for faster depreciation of assets.
Capital Expenditure
Capital utilized by a firm for the procurement or refurbishment of solid assets including real estate, production plants, or hardware.
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