economics is everything and it's important you know.
you are an economist itself like simpleng pag bubudget lang ng pera mo or allowance mo para mapahaba or makatipid and if you're asking what is the importance of the economics in the government you can figure it out easily. pag walang economics magiging poor(performance) ng pamahalaan.
B. The current value of a future sum of money
Present value means the current value of a future sum of money or stream of cash flowing.
Additional definition: The process of finding present values is called discounting and the interest rate used to calculate present value is called the discount rate.
"Our Food Philosophy. At McDonald's, we're passionate about our food. We take great care that what we serve every day is safe, great quality, offers choice and is produced in a responsible way. That means we use 100% pure beef patties seasoned with just a pinch of salt and pepper."