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A Person Who Greatly Prefers Present Consumption to Future Consumption

question 139

Multiple Choice

A person who greatly prefers present consumption to future consumption has a(n) __________ rate of time preference.


Definitions:

Negative Perceptions

The inclination to view situations, people, or objects in a pessimistic or detrimental light.

Persistent Human Traits

Long-lasting characteristics or behaviors that are consistent over time and across situations in individuals.

Personality Psychology

The branch of psychology that studies personality and individual differences in behavior, thought patterns, and emotions.

Emotional Expressiveness

The extent to which individuals outwardly display their emotional states.

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