$100 today is worth
A) the same as $100 to be received in one year, since the inflation rate has been low recently and funds received in the near future should have the same purchasing power that they have today.
B) less than $100 to be received in one year, since many people will spend money foolishly today and will become more careful in their spending habits as they mature.
C) more than $100 to be received in one year, since you can invest the money received today for this period, leaving you with more than $100 in the future.
D) the same as a future receipt of $100, since the physical characteristics of U.S. currency are unchanged for long periods of time.
E) less than $100 received by someone ten years ago, since many products have been improved over this time period.
C
You might also like to view...
The formality, privacy, and familiarity of one’s ______ impacts interactions and reactions to others.
a. culture b. social context c. environment d. relationships
Which of the following would be the best media type selection for a company marketing a complex product that needs to be demonstrated in order for consumers to understand the benefits it will deliver?
A) radio B) newspaper C) out-of-home D) magazine E) television
Laws are important in societies made up of people with differing desire and values because:
a. disagreements are inevitable and laws is an attempt to settle disputes in a peaceful manner b. disagreements are inevitable and law is a force that constrains people within a society c. disagreements are inevitable and law provides social rules to govern behavior d. all of the other specific choices e. none of the other specific choices
If you wanted to see if customer satisfaction survey scores were different between morning shoppers, mid-day shoppers, and night shoppers, you would most likely need to conduct a…
a. paired-samples t-test b. one-way ANOVA c. chi-squared goodness of fit test d. regression analyses