Which One of the Following Statements Is NOT True

question 25

Multiple Choice

Which one of the following statements is NOT true?

• A) Present value calculations involve bringing a future amount back to the present.
• B) The future value is often called the discounted value of future cash payments.
• C) The present value factor is more commonly called the discount factor.
• D) The higher the discount rate, the lower the present value of a dollar.

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Definitions:

Client-Centred Therapy

A humanistic psychotherapy method developed by Carl Rogers where the therapist provides a supportive environment and emphasizes the client's capacity for self-direction.

Clarification

The process of making a statement or situation less confused and more clearly comprehensible.

Conditioned Response

A response that is learned when a neutral stimulus is regularly presented together with a stimulus that naturally triggers a reaction, transforming the neutral stimulus into a conditioned one.

Conditioned Stimulus

A formerly neutral signal that, through linkage with an unconditioned stimulus, eventually elicits a conditioned reaction.