Ataxpayer purchased and placed in service during the year a $100,000 piece of equipment. the equipment is 7-year property. the first-year depreciation for 7-year property is 14.29%. assume that there is an allowable sec. 179 limit in the current year of $25,000. what amount is the maximum allowable depreciation

What talents or skills do u admire most in others

Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u. s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.

Which of the following will not cause the consumption schedule to shift? a) a sharp increase in the amount of wealth held by households b) a change in consumer incomes c) the expectation of a recession d) a growing expectation that consumer durables will be in short supply