This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If an individual wins a multimillion dollar lottery and chooses to receive annual payments equaling ... (Read 135 times)

bb

  • Hero Member
  • *****
  • Posts: 544
on: Jul 1, 2018
If an individual wins a multimillion dollar lottery and chooses to receive annual payments equaling the total prize, this person has a
 
  A) relatively low discount rate.
  B) relatively high discount rate.
  C) discount rate of zero.
  D) It is impossible to tell.

Question 2

Suppose a person has a discount rate of zero. This implies she
 
  A) places no value on the future.
  B) places no value on the present.
  C) values the present and the future equally.
  D) would not lend money at any positive interest rate.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

akudia

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


bb

  • Hero Member
  • *****
  • Posts: 544
Reply #2 on: Jul 1, 2018
Thank you :)


akudia

  • Sr. Member
  • ****
  • Posts: 347
Reply #3 on: Jul 1, 2018
Happy to help you


« previous next »
 

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

China’s 8% annual increase in oil consumption China’s 8% annual increase in oil consumption
Who actually wins Who actually wins
Physiological effects of the accumulation of lactose in the intestines of a lactose-intolerant indiv Physiological effects of the accumulation of lactose in the intestines of a lactose-intolerant indiv
(a) The Dmanisi cranium (right) shows similarities to early African H. erectus including the Narioko (a) The Dmanisi cranium (right) shows similarities to early African H. erectus including the Narioko
Dorice Moore, who swindled and then killed Abraham Shakespeare, one of the lottery winners mentioned ... Dorice Moore, who swindled and then killed Abraham Shakespeare, one of the lottery winners mentioned ...
No payments were made on a $2,598 loan during its three-year term. What was the annually ... No payments were made on a $2,598 loan during its three-year term. What was the annually ...
Video: Interview with Person having Obsessive Compulsive Disorder

For a complete list of videos, visit our video library