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Exhibit 9-5
-Refer to Exhibit 9-5.Picture an AD curve intersecting an SRAS curve at Point L on graph (1) . Which point(s) would this correspond to on graph (2) ?
Plant Asset
Long-term tangible assets used in the production of goods and services, such as buildings, machinery, and equipment.
Plant Assets
Fixed, tangible assets used in the operation of a business, such as machinery, buildings, and equipment, that have a useful life of more than one year.
Land Improvements
Enhancements made to land, such as landscaping, driveways, fences, and sidewalks, that increase the property's value.
Subdivisions
In real estate, this refers to the act of dividing land into pieces that are easier to sell or otherwise develop.
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