Your firm needs a computerized machine tool lathe which costs $45,000 and requires $11,500 in maintenance for each year of its 3-year life. after three years, this machine will be replaced. the machine falls into the macrs 3-year class life category. assume a tax rate of 34 percent and a discount rate of 12 percent.
if the lathe can be sold for $4,500 at the end of year 3, what is the after-tax salvage value?

Crowding out is a phenomenon focused upon most by the macroeconomists of whereby a government deficit interest rates, which in turn private investment spending. this group also believed that fiscal policy is the only thing that can lower natural unemployment. is just as effective in countering recessions as monetary policy. can be used most of the time, but monetary policy becomes a better option when velocity is fluctuating. should be used only if the central bank follows a monetary policy rule. faces problematic lags in propagating changes throughout the economy.