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economic life

   Also found in: Financial 0.02 sec.
economic life [‚ek·ə′näm·ik ′līf]
(industrial engineering)
The number of years after which a capital good should be replaced in order to minimize the long-run annual cost of operation, repair, depreciation, and capital. Also known as project life.


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The astonishing and quite unpredictable explosion in Christian numbers in recent years is clearly connected to a widespread sense that the equally extraordinary explosion in the economic life has left many huge questions about personal and social values unanswered," said Archbishop Williams at the end of his Oct.
Whereas wealthy city elites, who are mostly of Spanish ancestry, have traditionally dominated political and economic life, the majority of Bolivians are low-income subsistence farmers, miners, small traders or artisans.
That aside, this undergraduate-oriented monograph discusses many serious, relevant and contentious issues about the economic life, identity politics and ethnic tensions of present-day Taiwanese society.
 
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