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Explain how inflation affects savings.
Human Capital
The combined abilities, expertise, and experiences owned by a person or a group, regarded in relation to their worth or expense to a company or nation.
Capital Goods
Long-lasting goods used in the production of other goods or services, such as machinery, buildings, and equipment.
Life Span
The length of time for which a living organism, including humans, exists, from birth to death.
Capital Stock
The total amount of physical, durable goods that a company possesses at any given time, which are used in producing goods and services.
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