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For the most part, fiscal policy affects the economy in the short run while monetary policy primarily matters in the long run.
Discount Rate
The interest rate used to discount future cash flows to their present value, reflecting the time value of money.
Annual Cost Savings
The reduction in total costs achieved on an annual basis through efficiency improvements, cost-cutting measures, or operational changes.
Investment Cost
The total amount of money spent on acquiring or investing in assets, including initial setup, purchasing, and any other related costs.
Estimated Salvage
The projected value of an asset at the end of its useful life.
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