The present value of a dollar declines as ________. a) the interest rate declines and the number

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The present value of a dollar declines as ________.

a) the interest rate declines and the number of years you wait for your money declines

b) the interest rate rises and the number of years you wait for your money rises

c) the interest rate declines and the number of years you wait for your money rises

d) the interest rate rises and the number of years you wait for your money declines

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Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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Question Posted: Mar 01, 2024 11:00 PM

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The present value of a dollar declines as ________. a) the interest rate declines and the number

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Microeconomics

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