Which of the Following Statements Is True

question 170

Multiple Choice

Which of the following statements is true?

• A)All persons have a high rate of time preference.
• B)People with a high rate of time preference are more likely to be borrowers than people with a low rate of time preference.
• C)People with a high rate of time preference are more likely to be lenders than people with a low rate of time preference.
• D)A high interest rate is the cause of a high rate of time preference.
• E)none of the above

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Definitions:

Social Anxiety

The fear of social situations that involve interaction with other people, which can lead to feelings of inadequacy, inferiority, and depression.

Social Anxiety Disorder

A mental health condition marked by intense fear of social situations, potentially leading to significant distress and avoidance of social interaction.

Social Phobia

is an anxiety disorder characterized by an intense fear of social situations, where one fears being negatively judged or scrutinized by others, leading to avoidance of such situations.

Emotional Distress

A state of emotional suffering characterized by feelings of sadness, anxiety, or depression, often triggered by stressful situations.