【Daily Question】Utilities - Civil Engineering - 20190616
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This post was last edited by hesonchang214 on 2019-7-10 17:14. Which of the following is the correct understanding of the time value of money? A. Its essence is that capital, as a factor of production, generates value over time during the process of expanded reproduction and its capital circulation. B. If inflation is not taken into account, then the time value of capital does not exist. C. Interest is a type of opportunity cost, and it is not a manifestation of the time value of capital. D. The value of an equal amount of capital at different time points is identical. Answer: A
A. Its essence is that capital, as a factor of production, generates value addition over time during the process of expanded reproduction and its capital circulation