When Estimating the Benefits of Improved Environmental Quality, the Practice

question 30

Multiple Choice

When estimating the benefits of improved environmental quality, the practice of discounting

• A) decreases the relative value of programs that yield immediate benefits.
• B) decreases the relative value of programs that produce benefits far into the future.
• C) should be rejected, due to uncertainty of the discount rate.
• D) all of the above.

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Definitions:

Symbolize

To represent, stand for, or express something abstract or intangible by means of symbols or a symbolic action.

Main Connective

The primary logical operator in a compound proposition that defines the proposition's overall truth value.

Main Connective

The principal operator in a logical proposition that determines the proposition's overall truth value.

Main Connective

The logical operator in a compound statement that determines the statement’s overall truth value, governing the structure of the argument.