Which of the Following Statements Is True

question 76

Multiple Choice

Which of the following statements is true?

• A) The value of a dollar invested at a positive interest rate decreases over time.
• B) The further in the future you receive a dollar, the less it is worth today.
• C) A dollar in hand today is worth less than a dollar to be received in the future.
• D) The higher the rate of interest, the more likely an investor will elect to consume at present and forgo invest his funds.

---

Definitions:

Computer Software

A collection of data, programs, or instructions used to operate computers and execute specific tasks.

Accounting Services

Professional services that include the measurement, processing, and communication of financial information about economic entities.

College Graduate

A college graduate is an individual who has successfully completed a degree program at a college or university, earning an associate's, bachelor's, or higher degree.

Management Jobs

Positions within an organization responsible for directing, controlling, and administering organizational resources.