Which One of the Following Statements Correctly States a Relationship

question 19

Multiple Choice

Which one of the following statements correctly states a relationship?

• A)Time and future values are inversely related, all else held constant.
• B)Interest rates and time are positively related, all else held constant.
• C)An increase in the discount rate increases the present value, given positive rates.
• D)An increase in time increases the future value given a zero rate of interest.
• E)Time and present value are inversely related, all else held constant.

---

Definitions:

Medicare

A federal health insurance program in the United States primarily for people aged 65 and older, but also available to certain younger people with disabilities.

Palliative Care

Medical care aimed at providing relief from the symptoms and stress of a serious illness, focusing on improving quality of life for both the patient and the family.

Acute Care

A branch of secondary health care where a patient receives active but short-term treatment for a severe injury or episode of illness, an urgent medical condition, or during recovery from surgery.

Hospice Care

Specialized care designed to provide comfort and support to patients and their families during the final stages of a terminal illness.