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The Economic Recovery Tax Act of 1981 Allowed Firms to ________

Question 112

Multiple Choice

The Economic Recovery Tax Act of 1981 allowed firms to ________ their capital at a ________ for tax purposes. This decreased tax liability and encouraged investment.


A) depreciate; slow and consistent rate
B) depreciate; very rapid rate
C) appreciate; slow and consistent rate
D) appreciate; very rapid rate

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