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:
Verified
Q23: Which of the following statements is true?
A)All
Q24: The supply of loanable funds depends most
Q25: Loanable funds are
A)another term for capital.
B)a particular
Q26: Which of the following statements is false?
A)The
Q27: If the interest rate increases, then
A)households will
Q29: As the interest rate falls,
A)the quantity demanded
Q30: The supply curve of loanable funds is
Q31: As the interest rate (price for loanable
Q32: If the price for loanable funds is
Q33: The term "roundabout methods of production" refers
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