The Discounted Value of a Future Payment Is Also Referred

question 38

Multiple Choice

The discounted value of a future payment is also referred to as ________ value.

• A) implicit
• B) explicit
• C) present
• D) temporal

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Definitions:

Wilhelm Wundt

A German physician, physiologist, and philosopher, widely considered the father of experimental psychology, who founded the first formal laboratory for psychological research.

Bumps On The Head

Colloquially refers to minor head injuries, often not serious but sometimes used humorously to imply a cause of foolishness.

Trained Introspection

A method in psychology where trained observers examine and report the content of their own thoughts and mental experiences.

Wilhelm Wundt

A German psychologist who is often considered the father of experimental psychology, having established the first psychology laboratory in Leipzig, Germany, in 1879.