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The concept time value of money indicates Multiple Choice the value of a dollar decreases over time as prices increase. a dollar received today is

The concept time value of money indicates

Multiple Choice

the value of a dollar decreases over time as prices increase.

a dollar received today is worth more than a dollar received a year from today.

monetary systems tend to become more sophisticated over time.

the prices of goods and services will fluctuate over time due to inflation and higher costs of production.

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