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    Microeconomics Theory with Applications
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    Exam 5: Intertemporal Decision Making and Capital Values
  5. Question
    $1000 Today Is Preferred to $1200 Next Year If the Interest
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$1000 Today Is Preferred to $1200 Next Year If the Interest

Question 57

Question 57

True/False

$1000 today is preferred to $1200 next year if the interest rate is below 10%.

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