A If Someone Doesn't Care About Future Generations, Does This

question 27

Essay

a. If someone doesn't care about future generations, does this makes their rate of time preference (discount rate) higher or lower (circle one)?
b. If you are willing to accept no less than $1200 in one year in exchange for providing a loan of $1000 now, what is your discount rate? ________
c. For someone with a discount rate of 15%, what is the present value of saving wildlife that would be worth $500 million in 120 years? ________ Show your work

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Definitions:

Genitourinary System

The organ system of the reproductive organs and the urinary system, often considered together due to their proximity and common functions.

Phimosis

A condition in which the foreskin of the penis cannot be pulled back past the glans due to tightness, which may require treatment if it causes problems.

Minimal Change Nephrotic Syndrome

A disorder mainly affecting children, characterized by sudden onset of proteinuria and lack of visible kidney damage under a microscope.

Infection

The invasion and multiplication of microorganisms in body tissues, causing disease or symptoms.