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yandy yandy
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A year ago
The present value of a given future stream of benefits will be lower when the benefits are ________ and the interest rate is ________.

▸ more distant in time; lower

▸ equalized over a ten-year period; zero

▸ accruing in the first time period only; lower

▸ nearer in time; lower

▸ more distant in time; higher
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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isaw09isaw09
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A year ago
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