In Evaluating Public Projects,a Higher Interest Rate (R)will Favor Those

Multiple Choice

In evaluating public projects,a higher interest rate (r) will favor those projects which

A) have costs and benefits occurring in the more distant future.
B) have costs and benefits occurring in the more immediate future.
C) have benefits occurring in the more immediate future and costs occurring in the more distant future.
D) have benefits occurring in the more distant future and costs occurring in the more immediate future.