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Why Is a Dollar Worth More Today Than a Dollar

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Why is a dollar worth more today than a dollar received one year from now?


Definitions:

Irritable Mood

A state of increased frustration or annoyance that can vary in intensity and duration, often affecting interpersonal relationships.

Bipolar I Disorder

A mental disorder characterized by extreme mood swings that include emotional highs (mania) and lows (depression).

Major Depressive Episode

A period characterized by severely depressed mood and a lack of interest in activities, significantly impairing daily life.

Hypomanic Episode

A milder form of a manic episode, marked by elevated, expansive or irritable mood, but not to the extent of a full-blown manic episode.

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