The answer for this statement would definitely be FALSE as Economists truly believe that there is a direct relation between inflation and employment. Whenever the prices increased, this also calls for increased employment rates. Though on the other hand, there is a trade-off between unemployment and inflation but not employment.
Answer:
The cost recovery deduction for 2019 is $26666
Explanation:
Additional first-year depreciation = 40000*0.5
= $20000
MACRS cost recovery = (40000 - 20000)*0.3333
= $6666
Total cost recovery deduction for 2017 = Additional first-year depreciation + MACRS cost recovery
= $20000 + $6666
= $26666
Therefore, The cost recovery deduction for 2019 is $26666
Answer:
The investor will pay up the rereofitted pumps in a period of 22.52 months.
Explanation:
<em><u>First,</u></em> we solve for the amount of profit generate per month:
21,000 gallons a month x $0.09 per gallon = $1,890
Now, we calcualte the time at which an monthly income of 1890 discounted at 2% per month matches a present value of 34,000
C $1,890.00
time n
rate 0.02
PV $34,000.0000


We use logarithmics properties to solve for n:
-22.52006579
n = 22.5200 = 22 and a half month.
I believe the answer is: Capitalism
In capitalism, the economy is designed in a way to give as much freedom as it can to the private sectors in term of resource allocation and market competition. In this system, the government's role limited to maintaining regulation that prevent private organizations from cheating off one another.