Which of the Following Statements Is False

question 132

Multiple Choice

Which of the following statements is false?

• A) If the discount (or interest)rate is positive,the future value of an expected series of payments will always exceed the present value of the same series.
• B) To increase present consumption beyond present income normally requires either the payment of interest or else an opportunity cost of interest foregone.
• C) Disregarding risk,if money has time value,it is impossible for the present value of a given sum to be greater than its future value.
• D) Disregarding risk,if the present value of a sum is equal to its future value,either r = 0 or t = 0.
• E) Each of the above statements is true.

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Definitions:

Five-factor Model

A theory in psychology that identifies five core personality traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing how they think, feel, and behave.

Erikson's Theory

A psychoanalytic theory by Erik Erikson that outlines eight stages of psychosocial development throughout a person's life.

Psychosocial Development

Erickson's theory describing how individuals' social relationships and understanding of self evolve across the lifespan.