Which One of the Following Statements Is True

question 38

Multiple Choice

Which one of the following statements is true?

• A) Individuals prefer to consume goods right away rather than in the future.
• B) Individuals prefer to consume goods in the future rather than right away.
• C) The time of consumption is irrelevant to individuals.
• D) None of the above.

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Definitions:

Property Rights

Legal rights to possess, use, and dispose of assets including real estate, intellectual property, or other possessions.

Negatively Affects

Causes a decrease in effectiveness, quality, or function.

Air Traffic

The movement of aircraft within the airspace system, and the operational procedures, technical infrastructure, and personnel that control and manage it.

Property Rights

Legal rights to possess, use, and dispose of assets including real estate, intellectual property, and other possessions.