The Shorter the Length of Time Between a Present Value

question 86

Multiple Choice

The shorter the length of time between a present value and its corresponding future value,

• A)the lower the present value, relative to the future value.
• B)the higher the present value, relative to the future value.
• C)the higher the interest rate used in the discounting to the present value.
• D)None of these options

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Definitions:

Limbic System

A complex system of nerves and networks in the brain, involved with instinct and mood, controlling basic emotions and drives.

Cognition

encompasses all aspects of intellectual functions and processes related to knowing, including perceiving, recognizing, conceiving, and reasoning.

Emotions And Memories

The interlinked aspects of how emotions significantly influence the creation, storage, and retrieval of memories.

Basal Ganglia

A group of nuclei in the brain involved in controlling movement and coordination.