The Term "Future Value

question 13

Multiple Choice

The term "future value"

• A) can be determined by inverting the formula for present value.
• B) is not used in modern public finance analysis.
• C) refers to the present value of future money.
• D) includes the shadow prices of all goods used in a project.

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Definitions:

Crowdfunding

The practice of funding a project or venture by raising small amounts of money from a large number of people, typically via the internet.

Virtual Reality

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Digitally Constructed

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Information Technology

The use of computers, storage, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.