The value you give today to money you will receive in the future is called the future payment's
A) present value. B) future value.
C) historical value. D) time-sensitive value.
A
Economics
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The money multiplier:
A. Is the number of deposit dollars the banking system can create from $1 of excess reserves. B. Decreases as the required reserve ratio decreases. C. Is equal to excess reserves plus required reserves. D. Is equal to the required reserve ratio times transactions deposits.
Economics
Suppose a market with a Cournot structure has five firms and a market price elasticity of demand equal to -2. What is a Cournot firm's Lerner Index?
A) .1 B) .2 C) .5 D) 1
Economics