Which of the following is true of the present value of an investment?
a. The higher the rate of interest the higher will be the present value of an investment.
b. Present value of an investment is an increasing function of the time period of investment.
c. The longer the time period of investment the lower will be its present value.
d. Present value falls less than proportionately with the length of the delay in payment.
C
Economics
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Individuals will increase their saving as
A) the interest rate falls. B) the interest rate increases. C) the rate of unemployment increases. D) business investment falls.
Economics
Which cost curve is continually falling as output increases?
a. the average total cost curve b. the total cost curve c. the average variable cost curve d. the average fixed cost curve
Economics