Because of _____ a Dollar Received Today Is Worth More

question 56

Multiple Choice

Because of _____ a dollar received today is worth more than a dollar received in the future.

• A)inflation
• B)the time value of money
• C)high interest rates
• D)deflation

---

Definitions:

Conscious Awareness

The state of being aware of one's thoughts, feelings, and surroundings; the aspect of the mind that is directly accessible to introspection.

Creative

Having the ability or power to create, characterized by originality of thought or inventiveness.

Psychosexual Development

A theory introduced by Sigmund Freud that describes how personality develops during childhood through a series of stages centered on erogenous zones.

Fixation

In psychoanalytic theory, leaving a disproportionate share of one’s libido behind at an earlier stage of development.