The concept of "measuring economic worth over time" generally refers to assessing the value of an asset, investment, or economy by considering changes that occur over a specific period. This can involve various methodologies and approaches, depending on the context and what is being measured. Here are some key aspects related to this concept: 1. **Time Value of Money (TVM)**: This principle suggests that money available today is worth more than the same amount in the future due to its potential earning capacity.
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