Which group determines a product's position relative to competing products?

The Labor Department announces that the unemployment rate has fallen. Which of the following is(are) a proper conclusion?

a) The economy created additional jobs last month b) The economy expanded last month c) Potential GDP expanded last month d) The economy contracted last month e) The labor force contracted last month f) None of the above

Present value can be defined as the

A. future amount of a sum of money held now. B. value today of future cash inflow(s). C. maturity value of a debt. D. sum of cash inflows over a future period of time. E. amount of debts owed as of the first interest payment date.