If You Have a Low Rate of Time Preference, Then

Multiple Choice

If you have a low rate of time preference, then you

A) buy goods right now because "you just can't wait."
B) are willing to save a larger percentage of your income than a person who has a high rate of time preference.
C) find it difficult to save much of your income because money "just sitting around" is worthless to you.
D) are willing to borrow money to buy goods now.
E) a, c, and d