The Present Value of a Future Sum Increases as Either

question 129

True/False

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

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Definitions:

Trade Deficit

An economic condition that occurs when a country imports more goods and services than it exports.

Exports

Goods or services produced in one country and sold to buyers in another country, contributing to the selling country's economy.

Imports

Goods or services brought into one country from another for sale or use.

Trade Deficit

A situation in which a country's imports of goods and services exceed its exports, resulting in a negative balance of trade.