Discounting the Future Refers to

Multiple Choice

Discounting the future refers to

A) valuing long-term benefits and costs more heavily than short-term benefits and costs.
B) overestimating the long-term effects of the decision.
C) underestimating the short-term effects of the decision.
D) valuing short-term benefits and costs more heavily than longer-term benefits and costs.
E) making quick decisions with whatever information is at hand.