If Susan Has a Positive Rate of Time Preference, She

question 64

Multiple Choice

If Susan has a positive rate of time preference, she will

• A) value the receipt of $10,000 twenty years from now just as much as she would value receipt of the $10,000 now.
• B) value the receipt of $10,000 twenty years from now more than she would value receipt of the $10,000 now.
• C) value the receipt of $10,000 twenty years from now less than she would value receipt of the $10,000 now.
• D) prefer to receive any amount of money now to the $10,000 twenty years from now.

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Definitions:

Downsize

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Complex problems that require new learning and innovative solutions, often without clear solutions.

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