Economists use the concept of present value to determine
A) the amount someone would be willing to pay in the future for a discounted value today.
B) the amount someone would be willing to pay today to get a payment or stream of payments in the future.
C) the value in the future of a given stock of physical capital.
D) the marginal revenue product of a unit of capital.
E) the price of a unit of physical capital in the future.
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