If Emma Has a Positive Rate of Time Preference, She

Multiple Choice

If Emma has a positive rate of time preference, she will

A) value the receipt of $10,000 twenty years from now just as much as she would value receipt of the $10,000 now.
B) value the receipt of $10,000 twenty years from now more than she would value receipt of the $10,000 now.
C) value the receipt of $10,000 twenty years from now less than she would value receipt of the $10,000 now.
D) prefer to receive any amount of money now to the $10,000 twenty years from now.