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The People Most Likely to Save Are Those with a

Question 28

Multiple Choice

The people most likely to save are those with a


A) low rate of time preference since they only slightly prefer present consumption to future consumption.
B) high rate of time preference since they greatly prefer present consumption to future consumption.
C) low rate of time preference since they greatly prefer present consumption to future consumption.
D) efficient rate of time preference since they do not prefer consuming luxury goods to necessities.
E) roundabout rate of time preference since they don't really care about consuming.

Correct Answer:

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