Grape Corporation purchased a machine in December of the current year. This was the only asset purchased during the current year The machine was placed in service in January of the following year. No assets were purchased in the following year. Grape Corporation's cost recovery would begin: a) In the current year using a mid-quarter convention b) In the current year using a half-year convention. c) In the following year using a mid-quarter convention d) In the following year using a half-year convention.

Suppose that the u. s. dollars-mexican pesos exchange rate is fixed by the u. s. and mexican governments. assume also that labor is mobile between the united states and mexico due to low transportation costs. which of the following situations is likely to happen as a result of a simultaneous increase in the demand for u. s. goods and decrease in the demand for mexican goods? (pick mexican unemployment rate increases, and the country undergoes bad economic times for a sustained u. s. unemployment rate increases, and the country undergoes bad economic times for a sustained mexican unemployment rate rises at first, but it soon drops as unemployed mexicans move to the united states for mexican unemployment rate rises at first, but then it drops as mexican pesos depreciate against u. s. dollars.