Which of the Following Does Not Reflect a Positive Rate

question 124

Multiple Choice

Which of the following does not reflect a positive rate of time preference?

• A)People are willing to pay high prices to see new movies at first-run theaters.
• B)A bank pays interest on savings accounts.
• C)Ed puts money in his mattress for a rainy day.
• D)Dry cleaners that provide faster service can charge more.
• E)A college freshman parties all semester, then stays awake studying for 50 straight hours during final exam week.

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Definitions:

Scarce Natural Resources

Natural materials that are available in limited quantities and are critically important for human survival and economic activity.

Refugees

Individuals who are forced to flee their country due to persecution, conflict, violence, or other circumstances that seriously threaten their life or freedom.

Structural Power

The form of power that emerges from the structures, systems, and frameworks within societies, governing social interactions and the distribution of resources.

Global Order

The structured system of geopolitical, economic, and cultural relationships and processes that govern the world's functioning.