The lower the interest
The lower the interest rate:
a) the greater the present value of a future amount
b) the smaller the present value of a future amount
c) the greater the level of inflation
d) none of the above
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what are the current account and the capital account in the balance of payments for each of the international
33 of monetary base is held outside nancial institutions1 where do you think this portion of the monetary base is held
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