The given scenario describes how ethanol subsidies in the United States have affected the corn market, resulting in increased demand and higher prices for corn. This is an example of the demand curve shifting to the right.
Ethanol subsidies incentivize the production and consumption of ethanol, which is derived from corn. As a result, there is an increased demand for corn as it becomes the primary resource for ethanol production. The demand curve represents the quantity of corn that consumers are willing and able to buy at different price levels.
With the increase in demand for corn due to ethanol subsidies, the demand curve shifts to the right. This means that at each price level, the quantity of corn demanded by consumers is higher than before. As a result, more corn is sold, and the price of corn increases due to the higher demand.
Therefore, the net result of ethanol subsidies increasing the demand for corn and driving up prices aligns with the demand curve shifting to the right.
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how to do note 3 of financial statement
Answer:
Notes to financial statements reveal the specific assumptions that accountants make when compiling a company's income statement, balance sheet, statement of changes in financial position, or statement of retained profits.
Explanation:
QUESTION 1 of 10: Which of the following is NOT a type of store layout?
O a) Spine
Ob) Runway
O c)
c) Loop
Od) Grid
Submit
The term that is not a type of store layout is b) Runway.
What is store layout?Store layout refers to the physical arrangement of products, fixtures, and other elements within a retail space. The layout is designed to maximize sales and customer satisfaction by creating an environment that is easy to navigate, visually appealing, and conducive to making purchases.
Store layout can include the placement of product displays, signage, shelves, aisles, checkout counters, and other elements. The layout is often designed to guide customers through the store in a specific pattern, with key products strategically placed along the way to encourage sales.
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when CEO robert nardell took over home depot in 2000, there was central control. store managers acted independently and costs were higher than competitors like lowes. nardell changed the culture to focus on central control and cutting costs. to control costs, store managers were not allowed to choose products for local customers. employees os their customer-focused attitudes, and customer service suffered. to repair this , the next CEO, frank blake , sought to restore the "orange apron" culture. what does this example best illustrate?
Answer:
corporate culture is chosen by senior management in middle managers and employees have little control over it
Explanation:
I believe this is the answer because based off what it said the employees and managers were not allowed to choose products
Jared lives in a country in which the government owns and operates the postal service, utilities, transportation, and health care systems. while individuals and small businesses provide other goods and services, jared and the rest of the citizens are dependent on the government for many goods and services that are essential to their daily lives. jared lives in a ________ country.
Jared lives in a socialist country.Jared lives in a country in which the government owns and operates the postal service, utilities, transportation, and health care systems. while individuals and small businesses provide other goods and services, jared and the rest of the citizens are dependent on the government for many goods and services that are essential to their daily lives.
What is socialism?Socialism, social and economic doctrine that calls for public rather than private ownership or control of property and natural resources. According to the socialist view, individuals do not live or work in isolation but live in cooperation with one another. Furthermore, everything that people produce is in some sense a social product, and everyone who contributes to the production of a good is entitled to a share in it. Society as a whole, therefore, should own or at least control property for the benefit of all its members.To more about socialism, refer: https://brainly.com/question/28218484?referrer=searchResults
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Nittany car rentals just acquired a brand new bmw. The car cost $80,000 and will depreciate fully in 8 years. Given that the company makes $20,000 a year renting it out, what will the book rate of return be after 2 years?.
The book rate of return after 2 years can be calculated using the straight-line depreciation method, which is given by the following formula:
Book value = Cost of asset - Accumulated depreciation Depreciation expense per year = (Cost of asset - Residual value) / Useful life in years The book value of the car after 2 years is:
Book value = Cost of asset - Depreciation expense per year x Number of years= $80,000 - ($80,000 - 0) / 8 x 2= $60,000
The total rental income generated over the 2 years is:$20,000 x 2 = $40,000
The book rate of return after 2 years is: Book rate of return = (Total rental income generated / Book value) x 100= ($40,000 / $60,000) x 100= 66.67%
Therefore, the book rate of return after 2 years is 66.67%.
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what is a sale promotion
Answeris one of the elements of the promotional mix. :
Explanation:
Answer:
profit
Explanation:
You take a major selection of items and you increase the amount wanted by a quarter percentage.
Which of the following is a characteristic of economic services:
A) tangible
B) freely available to everyone
C) useful
D) non-transferable
Answer:
useful
Explanation:
i got it from USA test prep
The difference between a ""customer success"" focus and a ""customer satisfaction"" focus is that?
Customer success deals with expectations of customers whereas customer satisfaction deals with their requirements of the customers. Customer success is the business of making sure that each and every one of your customers gets the results they anticipate from utilizing your service or product.
It guarantees a customer success or his willingness to subscribe to your services in the future. Additionally, it fosters, strengthens, and establishes relationships with your clients. Customer satisfaction is mostly determined by the methodical process of achieving the objectives and providing value. Then, it results from sticking to the laid-out course and devotedly pursuing that objective.
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Why did Krispy Kreme decide to manufacture all the donut mix and distribute it to the stores?
a) it made the products more consistent in various stores
b) franchise law demands is kind of central production
c) It is always cheaper to use this method
d) The company was having problems with distributors
Answer:
Option A
Explanation:
In simple words, Krispy Kreme Doughnuts, Inc. is an American doughnut company and coffeehouse chain owned by JAB Holding Company. Krispy Kreme was founded by Vernon Rudolph, who bought a yeast-raised recipe from a New Orleans chef, rented a building in 1937 in what is now historic Old Salem in Winston-Salem, North Carolina, and began selling to local grocery stores.
They make all their dough of the product by themselves so that the neutrality regarding their consistency remains intact thought the country,
Which of the following are characteristics of a scarce resource?
Choose 1 answer:
Choose 1 answer:
(Choice A)
A
The supply of the resource exceeds the demand of the resource.
(Choice B)
B
There is a fixed quantity of the resource available but no demand for it.
(Choice C)
C
There is a demand for that resource with limited supply.
(Choice D)
D
There is limited supply of a resource with no demand for that resource.
(Choice E)
E
The resource has unlimited supply and limited demand.
There is a demand for that resource with limited supply are characteristics of a scarce resource. When the demand for a natural resource exceeds the supply, resource scarcity results, which causes the stock of those resources to decrease.
As a result of rising costs that make the demand resource less accessible to those who are least well-off, this might result in unsustainable supply growth and an increase in inequality. When there aren't enough resources to meet everyone's needs, there is scarce resource. Oil is among the most well-known instances of how resource scarcity affects the United States. Local gas prices will surely climb when oil prices around the world do.
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which wheel settings change when you mount the subframe incorrectly in the transverse direction? Check all that apply
TOE
CAMBER
STEERING AXIS INCLINATION (SAI)
CASTER
The wheel settings that change when you mount the subframe incorrectly in the transverse direction is "CASTER" (Option D)
What is Caster?Caster is the process of aligning a wheel with the direction of travel, which can be performed by caster displacement or caster angle. As with the front wheels of a shopping cart, caster displacement shifts the steering axis forward of the axis of wheel rotation. The steering axis is moved away from the vertical by the caster angle.
The caster angle, also known as the castor angle, is the angular displacement of the steering axis from the vertical axis of a steered wheel of a car, motorbike, bicycle, another vehicle, or watercraft as seen from the side.
Positive caster enhances the responsiveness of your vehicle while negotiating bends and the stability of your car when going at greater speeds. The sole disadvantage of a positive caster is that it increases the amount of effort required to steer your car.
Turning plates and a digital or bubble camber/caster gauge are the two most common methods for measuring caster angles. Measuring the upper and lower wishbone mounting points or the MacPherson strut angle.
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Tee Time GuestLodge, Inc. also has the right to operate a golf course near the national park. GuestLodge sells punch cards to the course, where customers can pay $500 to purchase a "10-Pack" (10 rounds of golf). The punch cards do not have a stated expiration date. Apply the five-step revenue recognition process to the sale of golf punch cards. Assume a customer purchased a 10-pack on 6/1/20x2
If the customer plays another round of golf on 7/1/20x2, then revenue can be recognized for that round of golf. This process continues until all 10 rounds of golf have been completed.
Step 1: Identify the contract
The first step in the revenue recognition process is to identify the contract. Tee Time Guest Lodge, Inc. has entered into a contract with the customer to sell a 10-pack of rounds of golf. The punch card represents the contract.
Step 2: Identify the performance obligations
The performance obligation in this case is the provision of rounds of golf to the customer. Tee Time Guest Lodge, Inc. has agreed to provide 10 rounds of golf to the customer.
Step 3: Determine the transaction price
The transaction price is the amount that the customer pays for the punch card. In this case, the customer pays $500 for the 10-pack of rounds of golf.
Step 4: Allocate the transaction price to the performance obligations
The transaction price must be allocated to the performance obligations in the contract. In this case, the entire transaction price can be allocated to the provision of rounds of golf.
Step 5: Recognize revenue as the performance obligations are satisfied
Revenue can be recognized as the performance obligations are satisfied. In this case, revenue can be recognized as the customer plays each round of golf. Since the punch cards do not have a stated expiration date, the revenue can be recognized as the customer plays each round of golf until all 10 rounds have been completed.
For example, if the customer plays two rounds of golf on 6/1/20x2, then revenue can be recognized for those two rounds of golf. If the customer plays another round of golf on 7/1/20x2, then revenue can be recognized for that round of golf. This process continues until all 10 rounds of golf have been completed.
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1. Which of the following is a benefit of channels of distribution:
a. We can more easily obtain products from all over the world.
b. Producers must spend more money.
c. Retailers must spend more money.
d. We spend more time looking for products we want.
The advantage of distribution channels is that they make it simpler for us to buy goods from around the globe. Option A is correct.
What is the channel distribution?Distribution channels are the routes that goods and services follow from the producer or supplier of the service to the final customer. Channels of distribution are crucial to organizations because they enable efficient delivery of products or services to clients.
Unhappy consumers and subpar service delivery may result from a company's failure to choose the optimal group of enterprises for this purpose. Distribution channels have the benefit of making it easier for us to purchase items from around the world.
Therefore, option A is correct.
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narchie sells a single product for $55. variable costs are 60% of the selling price, and the company has fixed costs that amount to $605,000. current sales total 23,500 units. each unit that narchie sells will:
The term cost refers to any fee that a enterprise incurs at some stage in the producing or manufacturing procedure for its items and services. Put simply, it's far the price of cash businesses spend on shopping and promoting items.
The required details for cost in given paragraph
1.break-even point ( in Units ) = Fixed cost / Contribution Margin Per Unit
= $630,000 /$ 36 Per Unit
= 17,500 Units
Hence the right solution is
a.) will break-even via way of means of promoting 17,500 units.
Note :
Contribution Margin Per Unit = Selling Price Per Unit - Variable Cost Per Unit
= $ 90 - ( $ 90 *60%)
= $ 36 Per Unit
2. ) goal profit = $90,000
Hence, Target Contribution Margin = goal profit + Fixed Cost
= $ 90,000 + $630,000
= $ 720,000
Contribution Margin Per Unit = $ 36 Per Unit
Contribution Margin Ratio = Contribution Margin / Sales *100
= $ 36 /$90 *100
= 40%
Hence, greenback income required to attain the target profit =Target Contribution Margin / Contribution Margin Ratio
= $ 720,000 / 40%
= $ 1,800,000
Hence the right solution is e.) $1,800,000
3) Margin of Safety = Actual Sales - Break Even Sales
= ( 20,000 Units * $ 90 ) - ( 17,500 Units * $ 90 )
= $ 225,000
Hence the right solution is d) $ 225,000
Businesses incur most important forms of prices once they produce their items—variable and glued prices.
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URGENT
In which situation is a country most likely to choose a fixed exchange rate for its currency?
A. A country expects its currency to be more valuable than other countries’ currency.
B. A country is confident that its currency’s market value will remain steady over time.
C. A country that ants to encourage other countries to freely buy and sell its currency.
D. A country wants to make sure that it’s currency is stable in all economic situations.
Answer:
D. A country wants to make sure that its currency is stable in all economic situations.
Explanation:
In the given options, the situation where a country is most likely to choose a fixed exchange rate for its currency is:
D. A country wants to make sure that its currency is stable in all economic situations.
Choosing a fixed exchange rate allows a country to maintain stability in its currency value and minimize fluctuations. It provides certainty for trade and investment by ensuring that the exchange rate remains constant and predictable. This can be particularly advantageous for countries that want to promote economic stability and attract foreign investment.
Inflation is assumed to be a temporary problem that does not affect financial decisions.
While it is true that inflation is often temporary, it can still have a significant impact on financial decisions.
What is financial?Financial refers to the management of money, including its investment, lending, budgeting, and saving. It is based on the principles of economics, which studies how people, businesses, and governments make decisions about money. Financial activities include the buying and selling of stocks, bonds, mutual funds, and other investments, borrowing money from lenders such as banks, and managing personal budgets. Financial planning and advice are important for individuals and businesses to make wise decisions about their finances and ensure long-term financial stability.
Inflation can affect the cost of goods and services, for example, and can reduce the purchasing power of a currency. It can also cause interest rates to rise, which affects the cost of borrowing. As such, it is important to consider the potential impact of inflation when making financial decisions.
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Directions: Students are to select a current business article and summarize it using the below information. Please use complete detailed sentences and correct grammar. Please change the font color when answering the questions below. News story Title: News story sources (provide link for article): 1. WHAT happened? 2. WHEN did it happen? 3. WHERE did it happen? 4. WHO was involved? 5. OTHER relevant information: (WHY? HOW?) 6. WHY is this story significant? 7. MY PERSONAL RESPONSE to this story (what do you feel about the article?):
I apologize, but as an AI text-based model, I don't have the capability to browse the internet or provide real-time information on current news articles.
My responses are based on the information available to me up until September 2021. If you have any other questions or need assistance with general information, feel free to ask.
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In Ireland, a pint of beer costs 2.2 Irish pounds. In Australia, a point of beer costs 4 Australian dollars. If the nominal exchange rate is 2 Australian dollars per Irish pound, what is the real exchange rate from the Irish perspective?
Answer:
.91 pints of irish beer per pint of Australian beer
Explanation:
As we know that
The exchange rate of
1 AUD = 0.5 pound
Now
In Ireland, 1 beer cost = 2.2 pound
And, in Australia, 1 beer cost = 4 AUD
As 1 AUD = 0.5 pound
so 4 AUD is
= 0.5 × 4
= 2
Now the exchange rate is
= 4 AUD beer cost ÷ 1 beer cost in Ireland
= 2 ÷ 2.2
= 0.91
hence, the real exchange rate is 0.91
Which career field is likely to experience increased job openings and security over the
next few years? (10 points)
O Retail
O Nursing
O Government
O Manufacturing
Answer: government
Explanation:
Government is the career field is likely to experience increased job openings and security over the next few years. Hence, option C is correct.
What is Government is the career?Public Sector Employment is "a particular government responsibility or action. A "government job" is widely defined for recruitment purposes as any position in any department or entity that works for the government. Consequently, a position carrying out government business is a government employment ".
Among the job options in the U.S. government are political jobs working for the executive, judicial, and legislative branches of the federal government.
Government employees are employed by the military, the post office, federal law enforcement organizations, and other governmental agencies and departments.
Thus, option C is correct.
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how does the principle of marginal utility explain the price we would be willing to pay for another unit of a good or service?
The principle of marginal utility, states that the cost we are prepared to pay for a good or service depends on the marginal benefit one gets from using it.
The price a consumer is prepared to pay for a commodity is based on the marginal utility obtained from using it, according to the principle of marginal utility, which explains why consumers would be willing to pay more for another unit of it. A commodity's marginal utility is the additional benefit or advantage received from using one more unit. The marginal utility received often declines when more units of a commodity are taken.
This is because as more is consumed, each new unit provides us with progressively less satisfaction or value. Thus, the price consumers are willing to pay for an extra unit drops as the marginal usefulness of a commodity increase. This is because when the marginal utility of a commodity is high, consumers are willing to pay more for the initial units. Still, when the utility is low, they are only willing to pay a lower price for additional units.
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You have decided to continue on with licensing your business to a firm in India. Much to your surprise, the Indian government has announced that it intends to enact local content law requirements. How will this impact the production of your products?
Answer:
You are not supposed to be allowed to import solar kits through India.
Explanation:
By laws requiring a predetermined reserve marketplace of providers for foreign operators to purchase from, local sourcing laws therefore will inevitably establish circumstances that are favorable to corruption and fraud. That was because regulations on local content enable businesses to use the very goods as well as products manufactured throughout the home economy and don't use imported products.Assume that the next morning, the bond credit rating changes to A-/A-, and the new yield to maturity becomes 8.2%. What is the price of the bond after this change?
[From the prior problem: Calculate the price of the following corporate bond with a credit rating of BBB+ / Baa+: $1000 par value, 8% semi-annual pay coupon, 8.40% yield to maturity, and 5 years to maturity.}
If the bond credit rating changes to A-/A-, and the new yield to maturity becomes 8.2%, then the price of the bond will be $635.21.
To calculate the price of the bond after the credit rating change, we'll use the updated yield to maturity of 8.2%. The bond details remain the same:
Par value (PV) = $1000
Coupon rate (C) = 8% (semi-annual)
Yield to maturity (YTM) = 8.2% (semi-annual)
Years to maturity (n) = 5 (semi-annual)
To calculate the price of the bond, we can use the present value of the bond's cash flows:
Price = (C / 2) * [1 - (1 / (1 + YTM/2)ⁿ] + PV / (1 + YTM/2)ⁿ
Let's calculate the price of the bond after the credit rating change:
Price = (40 / 2) * [1 - (1 / (1 + 0.082/2)¹⁰)] + 1000 / (1 + 0.082/2)¹⁰
Price = 20 * [1 - (1 / (1.041)¹⁰)] + 1000 / (1.041)¹⁰
Price = 20 * (1 - 0.598799) + 1000 / 1.593848
Price = 20 * 0.401201 + 627.19
Price = 8.02402 + 627.19
Price = $635.21402
Therefore, after the credit rating change, the price of the bond would be approximately $635.21.
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What are the problems associated with the existing transport system in North-Staffordshire?
The existing transport system in North-Staffordshire suffers from congestion and limited public transport options.
North-Staffordshire faces significant traffic congestion during peak hours, which not only causes delays and frustration for drivers but also increases air pollution. Additionally, the public transport options in the region are limited, making it difficult for residents to access important services and employment opportunities.
Many areas also lack proper cycling infrastructure, which discourages people from choosing sustainable transport options. These problems can have negative impacts on the environment, public health, and the economy.
Finding ways to address these issues and improve the transport system in North-Staffordshire is an important task for policymakers and transportation planners.
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Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?
Answer:
it depends on the measures taken to ensure that economy is stable.
Answer:
1. it is difficult to say since contractionary periods have varying lengths in different business cycles.
2. shock
3. high unemployment
4. two
5. expansion stage of the business cycle
Explanation:
just took it
The Hartford Symphony Guild is planning its annual dinner-dance. The dinner-dance committee has assembled the following expected costs for the event. The committee members would like to charge 35 per person for the evening's activities.
(b) Assume that last year only 300 persons attended the dinner-dance. If the same number attend this year, what price per ticket must be charged in order to break even?
$40 price per ticket must be charged in order to break even.
Giving the following information:
2) Q= 300 P=?
300=6000/(P-20)
300*(P-20)= 6000
300P=12000
P=$40.
The break-even point is the point at which total costs equal total revenue. In other words, there is no loss and no profit for SMEs. This means that we have reached a stage of production where the cost of production equals the revenue of the product.
To calculate the break-even point in units, use the following formula: Break-even point (units) = fixed cost ÷ (selling price per unit – variable cost per unit) or in sales dollars, using the following formula: break-even point - points (sales) = fixed costs ÷ contribution margin.
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What's time based management?
a couple who participated in a study on personal finance reported the new monthly expenditures far less than their actual expenditures. this is an example of:
This is an example of social desirability bias. The tendency to overreport more desirable characteristics while underreporting socially undesirable attitudes and actions is known as social desirability bias.
The propensity for people to display themselves in a generally positive way is known as social desirability. The subject of social desirability has long been and continues to be a source of undesirable debate, especially within the field of self-report evaluation of personality and attitudes. When respondents in a survey reflect socially acceptable actions and attitudes, this is referred to as social desirability bias. In this case, the respondent might have inflated her overall charitable donations in an effort to impress the interviewer.
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Which situation would most likely cause a currency with a flexible exchange rate to increase in value?
Answer:
:A currency with a flexible exchange rate is one that is determined by supply and demand in the foreign exchange market. Therefore, the most likely situation that would cause a currency to increase in value is an increase in demand for that currency relative to its supply.
This can happen for a variety of reasons, such as an increase in foreign investment in the country, an increase in exports, or a decrease in the supply of the currency due to government intervention or a decrease in the money supply.
For example, if a country has a strong economy and is seen as a safe place to invest, foreign investors may want to buy more of that country's currency, causing its value to increase. Similarly, if a country's exports become more competitive due to a decrease in the value of its currency relative to other currencies, demand for that currency may increase, causing its value to rise.
A piece of equipment is purchased for $55,000. It is expected to last 6 years and has a salvage value of $17.000. At i-12%.what is the annual capital cost of that piece of equipment?
The annual capital cost of the equipment is $12,268. This represents the annual cost of capital associated with the equipment over its useful life.
To calculate the annual capital cost of the equipment, we need to consider the initial cost, salvage value, and the expected useful life of the equipment.
Initial cost of the equipment: $55,000
Salvage value of the equipment: $17,000
Expected useful life: 6 years
Interest rate (i): 12%
The annual capital cost can be calculated using the formula for the Present Worth of an Uneven Cash Flow:
Annual Capital Cost = (Initial cost - Salvage value) * (i / (1 - (1 + i)^(-n)))
Where:
i = interest rate per period
n = number of periods (expected useful life)
Substituting the values into the formula:
Annual Capital Cost = ($55,000 - $17,000) * (0.12 / (1 - (1 + 0.12)^(-6)))
Calculating further:
Annual Capital Cost = $38,000 * (0.12 / (1 - 0.593847))
Annual Capital Cost = $38,000 * (0.12 / 0.406153)
Annual Capital Cost = $38,000 * 0.295215
Annual Capital Cost ≈ $12,268
Therefore, the annual capital cost of the equipment is approximately $12,268.
The annual capital cost of the equipment, considering an initial cost of $55,000, salvage value of $17,000, an expected useful life of 6 years, and an interest rate of 12%, is approximately $12,268. This represents the annual cost of capital associated with the equipment over its useful life.
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The time value of money means that money can be invested today to earn interest and grow to a larger amount in the future.
a. true
b. false
The given statement of time value of money is true.
Time value of money
The notion of time value of money (TVM) states that an amount of money is worth more now than it will be at a later period due to its earning potential in the interim. The time value of money is a fundamental financial notion. A sum of money in one's hand is worth more than the identical sum paid in the future. The present discounted value is another term for the time value of money.
The time value of money is a financial principle that argues that the current value of a dollar is greater than the future value of a dollar.
This theory holds true since money invested today can potentially develop into a larger sum in the future.
Hence, the given sentence is true.
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