The Concept of the Time Value of Money Is Based

question 73

Multiple Choice

The concept of the time value of money is based on

• A) the level of unemployment.
• B) taxes.
• C) interest earned over time.
• D) the Dow Jones Industrial Average.

---

Definitions:

Expectancy Theory

A motivational theory suggesting that individuals are more likely to engage in certain behaviors based on the expected outcomes and the attractiveness of those outcomes.

Expectancy

In motivational psychology, expectancy refers to the belief that one's effort will lead to the attainment of desired performance goals.

Expectancy Theory

A theory that proposes an individual's motivation is related to their expectation of a desired outcome and the attractiveness of that outcome.

First-Level Outcomes

Immediate results or effects of an action or intervention that can lead to longer-term impacts or second-level outcomes, often used in evaluation frameworks.