With Respect to Events Like Global Warming Some Economists Suggest

question 13

Multiple Choice

With respect to events like global warming some economists suggest using falling discount rates because

• A) exponential discounting virtually gives no weight to (large) costs incurred far into the future.
• B) exponential discounting weights (large) costs incurred far into the future heavily.
• C) events far in the future do not affect us.
• D) we should not care about costs far in the future.

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Definitions:

Lateral Malleolus

The outer protrusion or bone on the ankle, formed by the lower end of the fibula, important for ankle stability.

Medial Cuneiform

A bone in the foot located at the base of the first metatarsal bone, playing a key role in the arch structure and stability of the foot.

Pectoral Girdle

The set of bones that anchors the upper limbs to the trunk, consisting of the scapulae and clavicles.

Clavicle

A lengthy bone acting as a brace between the shoulder blade and sternum, commonly referred to as the collarbone.