Rational People Prefer to Experience Immediate Benefits and Delayed Costs

question 96

Multiple Choice

Rational people prefer to experience immediate benefits and delayed costs because:

• A)a fixed amount of money is worth less to us now than in the future.
• B)a fixed amount of money is worth more to us now than in the future.
• C)the value of a fixed amount of money does not change over time.
• D)rational people have insatiable wants.

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Definitions:

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A positive valuation of oneself, characterized by feelings of worth and dignity.

Self-Sufficiency

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Job Descriptive Index

A standardized survey instrument that measures an employee's job satisfaction across five dimensions.

Tough-Mindedness

A psychological trait characterized by critical and rigorous evaluation of facts before making decisions.