One reason a dollar today is worth more than a dollar 1 year from today is the time value of money
a. True
b. False
Indicate whether the statement is true or false
True
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Forecasting techniques are based on the idea that ______.
a. the future is related to the past (Assessing the Environment; Quantitative Forecasting Tools) b. the future can be predicted accurately c. a good guess about the future is better that no guess at all d. experts with the right tools can know the future with near certainty
The uniform probability distribution is used with
A. a continuous random variable. B. a discrete random variable. C. a normally distributed random variable. D. any random variable, as long as it is not nominal.
Jenni is fine when she fails as she sees failure as a way to learn. Jenni has ______.
a. a growth mindset b. a low tolerance for risk c. fearful mindset d. left-brain mindset
After reviewing the household budget, you estimate the following auto costs
Ownership cost per mile $ .30 Operating cost per mile .15 Total cost per mile .45 The marginal cost of driving your car another mile is therefore A) $ .30. B) .15. C) .45. D) .90.