When addressing environmental policy issues, which discount rate would likely lead to the MOST urgent action to be taken to reduce environmental damage?

Question

Quizplus · Accepted Answer

A lower discount rate, such as 1%, places a higher present value on future benefits and costs. This means that the future benefits of taking action now to reduce environmental damage are valued more highly, leading to a greater urgency in addressing environmental issues.

When Addressing Environmental Policy Issues, Which Discount Rate Would Likely