The Present Value of a Future Sum Decreases as Either

question 82

True/False

The present value of a future sum decreases as either the discount rate or the number of periods per year increases, other things held constant.

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Definitions:

Clayton Act

A U.S. antitrust law, enacted in 1914, aimed at increasing economic competition and preventing corporate behaviors that could lead to monopolies or restrain trade.

Sherman Act

An essential U.S. legislation established to prevent business activities that restrict competition, ensuring fair trade practices.

Strengthen

To increase in value or improve in quality.

Federal Trade Commission Act

A 1914 United States federal law that established the Federal Trade Commission (FTC) to prevent unfair competition and deceptive practices in the marketplace.