To say that an individual displays a positive rate of time preference mean
A) She prefers to have more time rather than less time in her day.
B) She prefers to have less time rather than more time in her day.
C) She prefers goods sooner rather than later in the future.
D) She prefers goods later rather than earlier in the future.
C
Economics
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The largest component of M2 is
A) savings deposits. B) currency. C) money market mutual funds. D) travelers checks.
Economics
In a market system, the what, how and for whom questions in economics are determined by
A) those who are not in the market. B) buyers and sellers together. C) the central authority. D) no one.
Economics