Investors with a high time preference for current consumption would be willing to pay a higher price for the same investment than investors with a low time preference for current consumption.

Question

Quizplus · Accepted Answer

Investors with a high time preference for current consumption prefer to spend their money now rather than invest it for future returns, meaning they would be less willing to pay a high price for investments compared to investors with a low time preference, who prioritize future gains over current consumption.

Investors with a High Time Preference for Current Consumption Would