Which of the Following Best Represents Time Preference

question 101

Multiple Choice

Which of the following best represents time preference?

• A) Sarah is spending $20,000 per year in tuition and other expenses to attend college with the hopes of earning a higher income in the future.
• B) Max saves $300 per month from his paychecks for retirement.
• C) Alex smokes a pack of cigarettes per day even though he knows that he may face poor health down the road because of his smoking habit.
• D) Thomas invests money in Apple today,which is subsequently used by Apple to fund additional investment purchases that will benefit future shareholders.

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Definitions:

Environment Share

The portion of environment that contributes to the similarities in upbringing and experiences among individuals living in the same household.

Nonadditive Effects

Phenomena in genetics where the effect of inheriting a specific allele combination is not simply the sum of the individuals' parts, often seen in polygenic traits.

Identical Twins

Twins who originate from the same fertilized egg and share the same genetic material.

Genetically Related

Involves individuals who share DNA, indicating a biological connection, such as family members.