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When Is the Discount Rate Used

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When is the discount rate used?


Definitions:

Agents of Socialization

The individuals, groups, or institutions that teach society's norms and roles and thus influence how individuals perceive and react to the world.

Two-spirit People

A term used by some Indigenous North American cultures to describe a person who embodies both masculine and feminine qualities.

Social Construction

A concept or perception of something that is based on the collective agreement and interpretation of individuals within a society.

Hijras

In South Asian countries, a term used for transgender individuals, eunuchs, intersex people, and transvestites, often recognized as a third gender.

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