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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? savings cost - benefit gdp payback period
Brief Explanations
- "Savings" refers to money set aside, not related to repaying investment cost over time.
- "Cost - benefit" is an analysis method, not a time measure for investment repayment.
- "GDP" (Gross Domestic Product) measures a country's economic output, irrelevant here.
- "Payback period" is defined as the time needed to earn a return to repay the investment cost.
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D. payback period