Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
12th Edition
ISBN: 9780134078779
Author: Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher: PEARSON
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Chapter 11.A, Problem 12P
To determine

Present value of money and the interest rate.

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How can market forces of supply and demand affect interest rates and the economy?
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