Economists Use the Concept of Present Value to Determine

question 5

Multiple Choice

Economists use the concept of present value to determine

• A)the amount someone would be willing to pay in the future for a discounted value today.
• B)the amount someone would be willing to pay today to get a payment or stream of payments in the future.
• C)the value in the future of a given stock of physical capital.
• D)the marginal revenue product of a unit of capital.
• E)the price of a unit of physical capital in the future.

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