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    Macroeconomics Study Set 47
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    Exam 14: Expectations: the Basic Tools
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    With a Constant Nominal Interest Rate Equal to I, the Present
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With a Constant Nominal Interest Rate Equal to I, the Present

Question 16

Question 16

Multiple Choice

With a constant nominal interest rate equal to i, the present discounted value of $1.00 to be received 6 years from today is equal to:


A) 1 + i.
B) 1/(1 + i) 6.
C) i6.
D) 6(1 + i) .
E) (1 + i) 6.

Correct Answer:

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