A dollar today is worth more than a dollar tomorrow because
A) the dollar can be invested and earn interest.
B) there is a risk involved in investing.
C) there is loss due to inflation.
D) of the opportunity cost of the dollar.
E) all of the above

Question

Quizplus · Accepted Answer

All of the choices are correct. A dollar today is worth more than a dollar tomorrow because it can be invested and earn interest, there is a risk involved in investing, there is loss due to inflation, and there is the opportunity cost of the dollar.

A Dollar Today Is Worth More Than a Dollar Tomorrow