Which approach predicts that if an economy operates at full employment and faces a trade deficit, currency devaluation (depreciation) will improve the trade balance only if domestic spending is cut, thus freeing resources to produce exports?

Three years ago, stock tek purchased some five-year macrs property for $82,600. today, it is selling this property for $31,500. how much tax will the company owe on this sale if the tax rate is 34 percent? the macrs allowance percentages are as follows, commencing with year 1: 20.00, 32.00, 19.20, 11.52, 11.52, and 5.76 percent.