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:

Personal Days

Employer-provided leave days that employees can use for personal matters apart from sick or vacation days.

Royalties

Royalties are payments made to rights holders for the use of their intellectual property, such as patents, copyrighted material, or trademarks.

Decentralized

Refers to the dispersion or distribution of functions and powers away from a central location or authority.

Decision Rights

The authority granted to individuals or groups to make choices regarding the allocation of resources, execution of tasks, or direction of strategies.