Other things constant, which person is willing to save more?
A) One that has a higher rate of time preference
B) One that has a lower rate of time preference
C) One that has no rate of time preference
D) One that has no consideration about the value of goods now and in the future
B
Economics
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Using the table above, if the current market value of the dollar is 125 francs
A) investor A holds dollars, but B and C hold francs. B) investor A holds francs, but B and C hold dollars. C) all three investors hold francs. D) all three investors hold dollars.
Economics
In the simple Keynesian model (no money market) assume that equilibrium output falls short of potential output by 300 units and the MPC = 0.8 . The size of the tax cut needed to reach full employment is
a. 30. b. 60. c. 75. d. 300.
Economics