How downward change in money supply affect personally
How would a downward change in the money supply affect you personally? How would it affect your career? What impact would rational expectations have on your decisions in this situation?
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Suppose we are thinking about replacing an old computer with a new one. The old one cost us $360,000; the new one will cost $230,000. The new machine will be in CCA Class 10 (30 percent). It will probably be worth about $135,000 after five years.
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On April 1, 2010 Simon Company, a 90% owned subsidiary of Wilson Company, bought the equipment from Wilson for $68,250 and for depreciation purposes used the estimated remaining life as of that date. The following data are available pertaining to
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