Using Progressively Higher Discount Rates

question 70

Multiple Choice

Using progressively higher discount rates:

• A) tends to penalize late flows more than early flows.
• B) tends to penalize early flows more than late flows.
• C) tends to increase net present value.
• D) is not reflective of risk expectations.

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Definitions:

Stewardship Worldview

a perspective that emphasizes responsible management and care of the environment and natural resources.

Anthropocentric

A perspective that views humans as the most important entities in the universe, often leading to the evaluation of environmental issues primarily in terms of human interests.

Consequentialism

An ethical theory that judges whether something is right based on its consequences.

Planetary Management

An approach to governance that emphasizes the active management of Earth's resources and systems for sustainable human development while considering the needs of future generations.