(I) Discounting Procedures Apply to Decisions to Invest in Physical

question 59

Multiple Choice

(I) Discounting procedures apply to decisions to invest in physical capital but are not relevant to human capital investment decisions. (II) Nonmonetary considerations are usually more important in human capital investment decisions than in nonhuman capital investment decisions.

• A) I is true; II is false.
• B) I is false; II is true.
• C) Both I and II are true.
• D) Both I and II are false.

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