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    Economics Study Set 10
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    Exam 29: Interest Rent and Profit
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    If People Have a Positive Rate of Time Preference, a Dollar
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If People Have a Positive Rate of Time Preference, a Dollar

Question 43

Question 43

Multiple Choice

If people have a positive rate of time preference, a dollar today is worth __________ a dollar in the future.


A) less than
B) more than
C) the same as
D) Any of the above can be true.

Correct Answer:

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