Author Question: Rational individuals prefer to consume goods during the current year rather than in the future ... (Read 45 times)

crobinson2013 · **on:** Jun 30, 2018

Rational individuals prefer to consume goods during the current year rather than in the future because of:
a. positive time preference.
b. positive consumption preference.
c. high expected rate of inflation.
d. high market rate of interest.

Question 2

If cameras and film have a cross elasticity of .985, they are complements
Indicate whether the statement is true or false