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In a dehydration reaction, ________. In order for this to occur water is ________.
Time Preference
An individual's preference for receiving goods or services sooner rather than later.
Capital Goods
Long-term physical assets used in the production of goods or services, such as machinery and buildings.
Current Consumption
The total amount of goods and services consumed at the present time, as opposed to savings for future consumption.
Time Preference
The inclination of individuals to prefer goods and services sooner rather than later.
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