People with a High Time Preference Are Less Likely To

question 9

Multiple Choice

People with a high time preference are less likely to:

• A) engage in crime.
• B) use heroin.
• C) drop out of school.
• D) save.

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Definitions:

Geography

The study of places and the relationships between people and their environments.

Differential Economic Success

Variations in the levels of economic prosperity achieved by different groups or individuals, often influenced by factors such as education, social capital, and discrimination.

Ethnic Groups

Communities or populations that share a common cultural background, heritage, language, or religion, and are often distinguished by social, cultural, or national boundaries.

Structural Conditions

The institutional and societal systems, arrangements, and frameworks that shape individual and group behaviors and opportunities.