The Term "Positive Rate of Time Preference" Suggests That

Multiple Choice

The term "positive rate of time preference" suggests that

A) people prefer more time to do something than less time.
B) people prefer goods to be available at an earlier time period than at a later time period.
C) some people are irrational because they would rather have something now than wait to consume it later when they can enjoy it more.
D) interest rates tend to increase over time.
E) businesses know that if they invest in capital goods, they will earn profits.