If You Get Great Pleasure from Anticipating a Fun Event

question 1

Multiple Choice

If you get great pleasure from anticipating a fun event which of the following is true?

• A)You have a higher marginal rate of time preference than if you didn't get that pleasure.
• B)Your intertemporal indifference curve is steeper than it would be without that pleasure.
• C)You likely have more savings than you would have without the anticipatory pleasure.
• D)All of these are true.

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Definitions:

Times Interest Earned

A financial ratio that measures the ability of a company to meet its debt obligations based on its current income.

Times Interest Earned

A financial ratio that measures a company's ability to meet its debt obligations based on its income before interest and taxes.