Under MACRS,tangible Personal Property Used in Trade or Business Purchased

question 26

True/False

Under MACRS,tangible personal property used in trade or business purchased and placed into service on March 1,2014 should be depreciated for 10 months in 2014.Assume the business uses a calendar tax year.

Comprehend the relationship between wages, productivity, and economic forces.

Recognize the factors determining the demand for labor and the concept of marginal revenue product.

Identify the effects of income and substitution effects on labor supply and demand.

Understand the concept of winner-take-all markets and their economic implications.

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