The Social Rate of Discount Is Best Approximated By

question 22

Multiple Choice

The social rate of discount is best approximated by:

• A) the cost of government borrowing
• B) the opportunity cost of resources taken from the private sector
• C) 3 percent
• D) 30 percent
• E) none of the above

---

Definitions:

Reticular Layer

The deeper layer of the dermis, composed of dense irregular connective tissue containing collagen and elastin fibers.

Hypodermis

The deepest layer of the skin, consisting of fat and connective tissues that insulate the body and protect underlying muscles and other structures.

Dermal Papilla

A small, nipple-like extension of the dermis into the hair follicle, containing capillaries that nourish the hair.

Spinothalamic Tracts

Neural pathways in the spinal cord that transmit pain and temperature sensations to the brain.