Which of the following statements about excessive discounting is false?
A) Discounting future outcomes relative to present ones makes good sense if someone is young, as they may not live to see the benefits of a decision.
B) The money value of a benefit will change with inflation, so a given future benefit is worth less in present-day currency, which gives discounting validity.
C) The future is unpredictable; policies and governments change, thus making a future agreement regarding the environment also change.
D) Individuals and institutions making decisions about environmental problems may not make sound analyses of the future value of such decisions.
E) When an environmental disaster occurs during a decision-making process, the current event will have an effect on the decision made.
Correct Answer:
Verified
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A)
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