In cost-benefit analysis,a low discount rate tends to favor projects with relatively ____ lives.
A)short
B)long

Name: In cost-benefit analysis,a low discount rate tends to favor projects with relatively ____ lives. A)short B)long
Brand: Quizplus
Rating: 4.8 (30 reviews)

Question

Quizplus · Accepted Answer

A low discount rate means that future benefits and costs are valued more highly relative to present ones. Therefore, projects with longer lives will have more future benefits and costs, and will be favored over projects with shorter lives.

In Cost-Benefit Analysis,a Low Discount Rate Tends to Favor Projects