The Present Discounted Value of a Future Payment Becomes Larger

question 64

Multiple Choice

The present discounted value of a future payment becomes larger when

• A)the nominal interest rate increases.
• B)the payment is made later.
• C)the payment itself increases.
• D)all of the above
• E)none of the above

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Definitions:

High Negative Affectivity

refers to a personality characteristic involving a pervasive pattern of negative emotions and poor self-concept.

Workplace Stress

The physical and emotional response that occurs when the demands of the job do not match the capabilities, resources, or needs of the worker.

High Negative Affectivity

A temperament trait characterized by persistent negative emotions and poor stress management.

Workplace Stress

The physical and emotional response that occurs when the requirements of the job do not match the capabilities, resources, or needs of the worker.