The Concept Time Value of Money Indicates

question 143

Multiple Choice

The concept time value of money indicates

• A) the value of a dollar decreases over time as prices increase.
• B) the prices of goods and services will fluctuate over time due to inflation and higher costs of production.
• C) monetary systems tend to become more sophisticated over time.
• D) a dollar received today is worth more than a dollar received a year from today.

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