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Discounting the Future Refers to

Question 57

Multiple Choice

Discounting the future refers to


A) valuing long-term benefits and costs more heavily than short-term benefits and costs.
B) overestimating the long-term effects of the decision.
C) underestimating the short-term effects of the decision.
D) valuing short-term benefits and costs more heavily than longer-term benefits and costs.
E) making quick decisions with whatever information is at hand.

Correct Answer:

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