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pirex pirex
wrote...
Posts: 634
6 years ago
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.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 69 times
1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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Answer verified by a subject expert
LBCeaLBCea
wrote...
Top Poster
Posts: 1248
6 years ago
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pirex Author
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6 years ago
Brilliant
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Yesterday
this is exactly what I needed
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2 hours ago
Thanks for your help!!
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