What Are the Three Factors Needed to Determine the Present

question 93

Essay

What are the three factors needed to determine the present value of any future amount?

Understand the dynamics of deregulation on economic efficiency.

Analyze the consequences of pork-barrel politics and the principal-agent problem in public choice theory.

Comprehend the concept of regulatory capture and its implications in government-industry relations.

Examine the special-interest effect and its impact on lobbying efforts.