The present value of a lump-sum future amount: Multiple Choice increases as the interest rate decreases. decreases as the time period decreases. is inversely related to the future value. is directly related to the interest rate. is directly related to the time period.

Any point on a country's production possibilities frontier represents a combination of two goods that an economy:

What type of budget is stated? a budget is a type of financial report that scrutinizes the inflow and outflow of money in a given financial year.

Read the following paragraph, and choose the best revision for one of its sentences.dr. blake is retiring at the end of the month. there will be an unoccupied office upon his departure, and it is big in size. because every other office is occupied, we should convert dr. blake’s office into a lounge. it is absolutely essential that this issue is discussed at the next staff meeting. (a) because every other office is occupied, it’s recommended that we should convert dr. blake’s office into a lounge. (b) because every other office is filled, we should convert dr. blake’s office into a lounge.