Which of the Following Would Be a Reason for Preferring

question 8

Multiple Choice

Which of the following would be a reason for preferring $100 now rather than $100 in one year's time?

• A)Risk.
• B)Interest lost.
• C)The effects of inflation.
• D)All of the above.

---

Definitions:

Government Program

A structured initiative or scheme developed and funded by a government to address a particular social, economic, or environmental issue.

Union Leader

A representative elected or chosen by members of a labor union who advocates for workers' rights, negotiates labor contracts, and addresses grievances.

Voluntary Recognition

The process by which employers formally acknowledge a union or workers' group without the need for a formal election.

Organized

The state or condition of being systematically arranged, especially in a manner that ensures efficiency and ease of access or use.