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Question
what do we call the time required to earn a return on an investment in order to repay the cost of the investment? cost - benefit savings gdp payback period
Brief Explanations
- "Cost - benefit" is an analysis method to compare costs and benefits, not related to the time to repay investment cost.
- "Savings" refers to the amount of money saved, not the time for investment return.
- "GDP" (Gross Domestic Product) is a measure of a country's economic output, not related to investment payback time.
- "Payback period" is defined as the time required to earn a return on an investment to repay its cost.
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D. payback period