Economy, asked by elizabethningthoujam, 7 months ago

when does the value of money decline ? please give me a proper answer if not I'll report you ​

Answers

Answered by ashishchauhan8413
1

Answer:

The impact inflation has on the time value of money is that it decreases the value of a dollar over time. The time value of money is a concept that describes how the money available to you today is worth more than the same amount of money at a future date.

Explanation:

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Answered by topink2001
1

Explanation:

The impact inflation has on the time value of money is that it decreases the value of a dollar over time. The time value of money is a concept that describes how the money available to you today is worth more than the same amount of money at a future date.

This also assumes you do not invest the money available to you today in an equity security, a debt instrument, or an interest-bearing bank account. Essentially, if you have a dollar in your pocket today, that dollar’s worth, or value, will be lower less one year from today if you keep it in your pocket.

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