In looking at changes in benefits, costs, interest rates and lifespans over the duration of an investment,

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In looking at changes in benefits, costs, interest rates and lifespans over the duration of an investment, would it help to distinguish the nature of the change, for example between gross changes and minor fluctuations, and also between long-term irreversible changes and short-term fluctuations? For example if it is a technological change that sharply reduces the cost, then the effect is long term.

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