The Desire to Have Goods and Services Soon Rather Than

question 79

Multiple Choice

The desire to have goods and services soon rather than later is called:

• A) investment.
• B) consumption smoothing.
• C) savings.
• D) time preference.

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Definitions:

Years

Units of time equal to 365 or 366 days, used in reference to age, history, or periods of time.

Stepdaughter-Stepfather Relationships

The dynamic and interactions that exist between a stepfather and his stepdaughter, which can vary greatly based on individual family situations.

Stepsons

Stepsons are the sons of one's spouse from a previous marriage or relationship.

Stepparents

Individuals who are married to one's biological parent but are not their biological mother or father, often playing significant roles in child-rearing.