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Monies Received in the Future Are Less Valuable Than the Same

Question 1

Multiple Choice

Monies received in the future are less valuable than the same amount of cash received because


A) Inflation reduces the purchasing power of money and people demand more compensation to postpone consumption
B) Inflation increases the purchasing power of money and people demand less compensation to postpone consumption
C) Inflation reduces the purchasing power of money and people demand less compensation to postpone consumption.
D) Inflation reduces the purchasing power of money and people demand more compensation to postpone consumption .

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