The Trade-Off Between the Present and Future Consumption Is Measured

question 375

Multiple Choice

The trade-off between the present and future consumption is measured by

• A) the money cost of both the present and future consumption.
• B) the foregone present consumption.
• C) the difference between the money price of future goods and the money cost of producing them.
• D) the difference between the money price of present goods and the money cost of producing them.