What is an example of impatience in economic behavior?
A) taking the first job you are offered
B) insisting on getting a physical exam every year
C) asking for your grade right after finishing a test
D) eating a healthy diet every day
Correct Answer:
Verified
Q36: Time preference is:
A) the purchase of new
Q37: Time preference is the desire to:
A) save
Q38: All else equal,time preference is the desire
Q39: Which of the following best represents time
Q40: The consumption-smoothing theory implies that a country
Q42: The supply of savings function is:
A) upward
Q43: The supply of savings curve shows the
Q44: People will usually save more if the
Q45: People smooth their consumption over their lifetime
Q46: The price of savings is:
A) the interest
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