Goods and activities typically are more highly valued the sooner they can be enjoyed, other things constant,
a. only when interest rates are positive
b. because interest rates are positive
c. only when people save
d. because people save
e. because people have positive rates of time preference
E
Economics
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A) decrease; contractionary B) increase; expansionary C) increase; contractionary D) decrease; expansionary
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A) greater; small; large B) greater; large; small C) the same; large; small D) None of the above.
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