Which of the Following Does Not Reflect a Positive Rate

question 124

Multiple Choice

Which of the following does not reflect a positive rate of time preference?

• A)People are willing to pay high prices to see new movies at first-run theaters.
• B)A bank pays interest on savings accounts.
• C)Ed puts money in his mattress for a rainy day.
• D)Dry cleaners that provide faster service can charge more.
• E)A college freshman parties all semester, then stays awake studying for 50 straight hours during final exam week.

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Definitions:

Self-discrepancy Theory

A psychological model that explains how the difference between one's actual self and ideal or ought selves affects emotional states.

Ought Self

A component of self-discrepancy theory referring to the representation of the attributes someone believes they should possess, often influenced by societal expectations.

Actual Self

Represents one's perception of who they are at the present moment, encompassing current attributes and qualities.

Anxiety

Anxiety is a psychological state characterized by feelings of tension, worried thoughts, and physical changes like increased blood pressure.