If the Interest Rate Is Equal to 0%, Then a Dollar

question 90

Multiple Choice

If the interest rate is equal to 0%, then a dollar today is worth

• A) more than a dollar tomorrow
• B) the same as a dollar tomorrow
• C) less than a dollar tomorrow
• D) there is not sufficient information to tell

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Definitions:

Human Capital

The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value to an organization.

Return on Investment

A financial metric that measures the profitability of an investment by dividing the gain from the investment by its cost.

Productivity

A measure of efficiency that quantifies the amount of goods and services produced per unit of labor, capital, or other resources.

Strategic HRM

Interrelated philosophies, policies, and practices that facilitate the attainment of organizational strategy.