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6.4 Evaluating projects and policies  (Page 10/14)

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  • Card 10 / 14:
    discounting

    The process of converting future values (costs or benefits) into an equivalent amount of money received today; controls for human time preference.

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Practice Key Terms 9

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Source:  OpenStax, Sustainability: a comprehensive foundation. OpenStax CNX. Nov 11, 2013 Download for free at http://legacy.cnx.org/content/col11325/1.43
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