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    Exam 5: Applications of Rational Choice and Demand Theories
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    If $100 Today Is Worth $150 to You in the Future
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If $100 Today Is Worth $150 to You in the Future

Question 32

Question 32

Multiple Choice

If $100 today is worth $150 to you in the future, then you exhibit


A) a positive time preference.
B) a negative time preference.
C) a neutral time preference.
D) a negative marginal rate of substitution.

Correct Answer:

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