A Key Component of Critical Thinking Is to Ask Yourself

question 65

True/False

A key component of critical thinking is to ask yourself, "How can I make this new information consistent with my pre-existing beliefs?"

Apply Discounted Payback Period for assessing the time value of money in project paybacks.

Evaluate projects using different valuation methods when faced with changing cost of capital.

Understand the difference between the federal budget deficit and the national debt.

Comprehend the factors that contributed to the change in the U.S. federal budget deficit between 1990 and 1998.