Explanations for a positive rate of time preference include _____
A) patience.
B) certainty.
C) impatience.
D) planning.
E) investments.
Correct Answer:
Verified
Q10: Banks and other financial institutions _
A)channel savings
Q11: The rate of time preference is positive
Q12: Which of the following does not reflect
Q13: Most companies that sell CDs by mail
Q14: What increases with saving?
A)production
B)consumption
C)interest rates
D)time
E)uncertainty
Q16: Increased saving today means _
A)more consumption today
Q17: Saving is _
A)helpful for production but not
Q18: Explanations for a positive rate of time
Q19: Financial markets for stocks and bonds _
A)channel
Q20: The difference between income and consumption is
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