Imagine that you have won $100 in the state lottery. You have a choice between spending the money on shopping now or putting it away in a savings account for one year. You decide to spend the money now on shopping. Thus, you will lose the interest that you could have earned by saving the money. The lost interest is the cost of spending money now.

All of the following statements point out negative aspects of the gilded age except: a. politicians gave government jobs to political supporters. b. political bosses cheated large cities out of millions of dollars. c. industrialists bribed members of congress to ensure favorable votes. d. in 1903, wisconsin became the first state to hold primary elections.