In studies that compare monetary values across time periods, for example, years, what type of conversion of the values need to be done?
A) current to constant units
B) internal rate of return
C) constant to current units
D) present value to constant units

Question

Quizplus · Accepted Answer

A) Current to constant units conversion is necessary to adjust for inflation and ensure that the values from different time periods are comparable in terms of purchasing power.

In Studies That Compare Monetary Values Across Time Periods, for Example