Which of the following would tend to increase the value of a future stream of income?
a. an increase in the rate of inflation
b. an increase in the interest rate
c. a reduction in the interest rate
d. a reduction in the size of the expected future income
C
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Management is the process of:
a. Controlling others' lives b. Using resources to achieve goals c. Changing one's perspective for the better d. Acting in a habitual or repetitive pattern
If the Federal Open Market Committee decides to increase the money supply, then the Federal Reserve
a. creates dollars and uses them to purchase government bonds from the public. b. sells government bonds from its portfolio to the public. c. creates dollars and uses them to purchase various types of stocks and bonds from the public. d. sells various types of stocks and bonds from its portfolio to the public.