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Discounting Is​ 1) the Determination of Present Value

question 28

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Discounting is​
1) the determination of present value
2) the determination of future value
3) expressing the present in the future
4) expressing the future in the present


Definitions:

Constructionist Analyses

Observations and studies that examine how social phenomena are created, institutionalized, and become tradition.

Arbitrariness

Actions or decisions made without apparent reason or established standards, often seen as random.

Administration of Law

The process of applying and enforcing legal rules and policies by governmental bodies or officials.

Formal Norm

Explicitly stated rules that govern the behaviors and actions within a society.

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