The time value of money can be best described as
A) a dollar today is worth more than a dollar tomorrow.
B) the basis on which net present values are calculated.
C) the basis on which internal rates of return are calculated.
D) All of the above
D
Economics
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Use the information below to explain adjustments that move the economy to a long-run equilibrium. Assume that firms and workers have adaptive expectations
The current unemployment rate = 7%. The natural rate of unemployment = 5.5%. Last year's inflation rate = 5%. This year's inflation rate = 4%.
Economics
Because of the threat of arbitrage, the forward rate must equal the spot rate at all times
Indicate whether the statement is true or false
Economics