Y5 Answer true or false for each 1. The value today of any benefits received in the
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Question:
Y5
Answer true or false for each
1. The value today of any benefits received in the future will always be lower if one waits longer for those benefits or if the interest rate is larger
2. A higher interest rate implies that a decision maker discounts the future by less
3. Private markets will generally under-provide non-rival goods compared to the socially optimal outcome, because of free riding
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