Economists Use the Concept of Present Value to Determine

Multiple Choice

Economists use the concept of present value to determine

A) the amount someone would be willing to pay in the future for a discounted value today.
B) the amount someone would be willing to pay today to get a payment or stream of payments in the future.
C) the value in the future of a given stock of physical capital.
D) the marginal revenue product of a unit of capital.
E) the price of a unit of physical capital in the future.