If You Have a High Rate of Time Preference, Then

Multiple Choice

If you have a high rate of time preference, then you are

A) willing to wait a longer time to consume a good than someone with a low rate of time preference.
B) not willing to wait a long time to consume a good.
C) willing to save your earnings so that you can buy more goods in the future.
D) not acting rationally, because it means that you are willing to delay consumption of goods and services until a later date (but you might not be around to do so) .
E) a and c