The phenomenon of equipment or structure going through "wear and tear" and eventually becoming obsolete is referred to as:

A) depreciation. B) capital tear.
C) intertemporal loss. D) creative destruction.

A

Economics

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According to hegemonic stability theory, the United States will

a. be relieved to finally let go of its status as world leader. b. not give up its global preeminence without a fight. c. diminish so gradually that its reduced global influence will hardly be noticed. d. never have to worry about losing its world dominance.

Economics

Reverse causality can create confusion between correlation and causation. What does reverse causality imply?

What will be an ideal response?

Economics