Discounting the future refers to
A) valuing longer-term benefits and costs more heavily than shorter-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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