What Will Be the (Approximate)optimal Level of Schooling If the Discount

question 3

Multiple Choice

What will be the (approximate) optimal level of schooling if the discount rate increases to r = 3.0?

• A) 1 year
• B) 2 years
• C) 3 years
• D) 4 years
• E) 5 years

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The fourth edition of the Diagnostic and Statistical Manual of Mental Disorders, a guideline used for diagnosing and classifying mental disorders.

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