A person who greatly prefers present consumption to future consumption has a(n) __________ rate of time preference.单项选择题

A

weakly positive (close to zero)

B

efficient

C

strongly positive

D

roundabout

登录即可查看完整答案

我们收录了全球超50000道真实原题与详细解析,现在登录,立即获得答案。

类似问题

A household must decide between consuming today, C1, and consuming tomorrow, C2. The intertemporal budget constraint for this household is: C1 + C2/R = Y1 + Y2/R. The life-time utility function of this household is: U(C1,C2) = log C1 + beta*log C2. If the parameter beta<1, then the household is _____ and _____.    

Bruce has a personal interest rate (discount rate) of 5% when making decisions, and Alfred has a personal interest rate (discount rate) of 8% when making decisions. Based on this information, we know that Bruce places _____ value on the future benefits & costs of his decisions compared with Alfred.

Why would the economics discipline assume that generally people have a positive rate of time preference? (mark all that apply)

Project A has a required return on 9.2 percent and cash flows of −$87,000, $32,600, $35,900, and $43,400 for Years 0 to 3, respectively. Project B has a required return of 12.7 percent and cash flows of −$85,000, $14,700, $21,200, and $89,800 for Years 0 to 3, respectively. Which project(s) should you accept based on net present value if the projects are mutually exclusive?

更多留学生实用工具

加入我们，立即解锁 海量真题 与 独家解析，让复习快人一步！