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Social discount rate (SDR) is the discount rate used in computing the value of funds spent on social projects. Discount rates are used to put a present value on costs and benefits that will occur at a later date.
The Gold Code is the launch code for nuclear weapons provided to the President of the United States in their role as commander-in-chief of the armed forces. [1] In conjunction with the nuclear football, the Gold Codes allow the president to authorize a nuclear attack. [2]
Discount rate may refer to: Social discount rate (of consumption), the rate at which the weight given to future consumption decreases in economic models. Pure time preference, or utility discount rate, the rate at which the weight given to future utility decreases in economic models.
The discount rate is commonly used for U.S. Treasury bills and similar financial instruments. For example, consider a government bond that sells for $95 ('balance' in the bond at the start of period) and pays $100 ('balance' in the bond at the end of period) in a year's time.