David Consumes 140 in the Current Period and 210 in the Future

question 85

Multiple Choice

David consumes 140 in the current period and 210 in the future period.The real interest rate is 5% per period.David's present value of lifetime consumption is

• A)210.
• B)340.
• C)350.
• D)400.

---

Definitions:

Process Of Development

The sequence of physical, psychological, and social changes that occur in human beings from birth to the end of life, involving growth and decline.

Sensitive Periods

Specific times in an individual's development when the brain is particularly receptive to learning certain skills or knowledge, leading to optimum development in those areas.

Beliefs About Children

The assumptions, values, or opinions that individuals or societies hold regarding children and childhood.

Confidentiality

The ethical and legal duty to protect private information from unauthorized access or disclosure.