MCQOPTIONS
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| 1. |
An increase in the prevailing interest rate ? |
| A. | increases the present value of future returns from investment and increases investment |
| B. | decreases the present value of future return from investment and decreases investment |
| C. | decreases the present value of future returns from investment and increase investment |
| D. | increases the present value of future returns from investment and decreases investment |
| Answer» C. decreases the present value of future returns from investment and increase investment | |