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If interest rates are positive, which of the following has the lowest current value?

NYC

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8 years ago

If interest rates are positive, which of the following has the lowest current value?

If interest rates are positive, which of the following has the lowest current value?
A) $500 two years from now
B) $500 now
C) $500 a year from now
D) All of the above have the same current value.

Textbook

Principles of Macroeconomics

Principles of Macroeconomics

Edition: 11^th

Authors: Case, Fair, Oster

Read 166 times

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Jesslyn

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NYC Author

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#2

8 years ago

I was thinking the same, thank you

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