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There is wide diversity in social discount rates, with developed nations typically applying a lower rate (3–7%) than developing nations (8–15%). [ citation needed ] The subject of a social discount rate, always a source of fierce debate between economists, has become highly controversial since the publication of the Stern Review on the ...
Gold Codes. 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] Gold Codes, as well as a separate nuclear football, are also ...
Trade discounts are given to try to increase the volume of sales being made by the supplier. The discount described as trade rate discount is sometimes called "trade discount". Trade discount is the discount allowed on retail price of a product or something. for e.g. Retail price of a cream is 25 and trade discount is 2% on 25.
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. The discount rate is