Which of the following statements is true?
A. Everything else remaining unchanged, higher the future value of an investment, higher will be the present value.
B. Everything else remaining unchanged, higher the rate of discount on an investment, higher will be the present value.
C. ?The future value of an investment is unrelated to the principal amount invested.
D. ??The future value of an investment is unrelated to the ongoing rate of interest.
Answer: A
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A. money supply; an increase B. money supply; a decline C. money demand; a decline D. money demand; an increase
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