Considering the value of a financial instrument, the sooner the promised payment is made:
A. the greater the risk, therefore the promise has greater value.
B. the less valuable is the promise to make it since time is valuable.
C. the more valuable is the promise to make it.
D. the less relevant is the likelihood that the payment will be made.
Answer: C
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If the MPC in the United States was low, it would increase the value of the multiplier.
Answer the following statement true (T) or false (F)
If the MPS is 0.25, the simple multiplier is
What will be an ideal response?
When graphing the consumption function, we include a 45-degree reference line. What is TRUE at the points at which the consumption function crosses this line?
A. Planned real consumption spending is zero. B. Planned real saving is zero. C. Real disposable income is zero. D. Real GDP is zero.
A photograph processing machine company requiring customers who buy a processing machine to purchase chemicals and photographic paper from it is an example of
A) bundling. B) a requirement tie-in sale. C) nonlinear pricing. D) two-part pricing.