Assume that you are willing to postpone consumption today and buy a certificate of deposit (CD) at your local bank. Your reward for postponing consumption implies that at the end of the year ________

A) you will be able to consume fewer goods
B) you will be able to buy the same amount of goods or services
C) you will be able to buy fewer goods or services
D) you will be able to buy more goods or services

Answer: D

Business

You might also like to view...

Along the service-product continuum, which one of these would be considered the most product dominant?

a- grocery store b- auto repair shop c- doctor's office d- cell phone service provider e- restaurant

Business

What leadership type is defined by behavior that mobilizes extra effort from followers?

a. Transactional leadership b. Transformational leadership c. Humble leadership d. Laissez-faire leadership

Business