The higher the interest rate, the lower the present value.
Answer the following statement true (T) or false (F)
True
You might also like to view...
In the above figure, what factor might have caused the shift in the short-run Phillips curve from SRPC1 to SRPC2?
What will be an ideal response?
The principle that pulls down the average cost (ATC), and then, as output continues to expand, pulls it up, is
a. lower prices and then higher prices. b. rising and then diminishing marginal returns. c. lower average fixed cost and then higher average fixed cost. d. lower resource prices and then higher resource prices.
The political process can impede redistribution goals because _____
a. there are more stingy voters than generous voters b. there are more middle class voters than poor voters c. there are more dumb voters than smart voters d. there are more middle class politicians than poor politicians
An increase in the demand for automobiles will increase the demand for labor used to produce the automobiles due to a(n)
a. increase in the marginal revenue product of labor b. decrease in the marginal revenue product of labor c. increase in the marginal revenue product of automobiles d. decrease in the marginal revenue product of automobiles e. decrease in the price of automobiles