Most People Prefer to Receive Money Today Rather Than Ten

question 91

Multiple Choice

Most people prefer to receive money today rather than ten years from now because

• A) U.S. prices have been falling recently and a dollar received today will buy more than one received in the future.
• B) Future investment returns are expected to be less variable than current ones.
• C) Receiving cash today enables one to take advantage of current investment opportunities.
• D) People are unsure about their future employment prospects and wish to provide themselves with a source of future income.
• E) Most people are afraid they will spend future cash payments foolishly.

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Definitions:

Psychoanalytic Psychology

A branch of psychology focusing on the influence of unconscious mind on human behavior, founded by Freud.

Freud's Ideas

Freud's ideas revolve around psychoanalytic theories, including the unconscious mind, defense mechanisms, the structure of the personality (id, ego, superego), and the psychosexual stages of development.

Surveys

A method of gathering information from a sample of people, typically by asking them questions to understand opinions, behaviors, or characteristics of a larger population.

Case Studies

In-depth analyses and investigations of a single case, situation, or individual to explore or illustrate a thesis or principle.