2. If the interest rate is zero, then the present value of a dollar received at the...

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2. If the interest rate is zero, then the present value of a dollar received at the end of the year is

a. more than $1.

b. equal to $1.

c. less than $1.

d. zero.

e. infinite.

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Macroeconomics In Modules

ISBN: 978-1464139055

3rd Edition

Authors: Paul Krugman ,Robin Wells

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