The present value of a given payment will be larger the further into the future that payment is to be received
Indicate whether the statement is true or false
false
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The following graph depicts demand. 
The price elasticity of demand at point A is:
A. 2/5. B. 8/5. C. 5/8. D. 5/2.
A bank owns a 10-story office building. In the bank's balance sheet, this would be listed as part of
A. assets. B. capital stock. C. net worth. D. liabilities.
From any point above the current LM curve, money market equilibrium can be restored by some combination of a ________ income and a ________ interest rate
A) higher, higher B) higher, lower C) lower, higher D) lower, lower
You have noticed that there is an increase in the number of homeless people in your city. At the same time you observe that there are also a number of vacant apartments. You believe that the government could reduce the number of homeless people if landlords were required to rent their apartments for less than they are currently charging. This policy recommendation would be motivated by concerns over
A. economic growth. B. efficiency. C. equity. D. stability.