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Define ‘depreciation’.

+2 votes

asked Aug 5, 2018 in Economics by kratos

Define ‘depreciation’.

national income
cbse
basic concepts of macroeconomics
foreign exchange rates
related aggregate
class-12

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1 Answer

+6 votes

answered Dec 23, 2020 by kratos

Best answer

Depreciation is an expected decrease in the value of fixed capital assets due to its general use.

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