-Using the graph above assume the dollar is currently at Point A. An decrease in income in the U.S. will cause a movement to which point?
Definitions:
Discounted
Reduced in price or reflecting the present value of future cash flows when taking into account the time value of money.
Present Value
The value today of a future amount of money or series of payments, adjusted for a specific return rate.
Discounted
The process of determining the present value of a payment or stream of payments that will be received in the future.
Present Value
The current value of a future amount of money or stream of cash flows, given a specified rate of return.
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