For the typical consumer, present consumption is a. preferred to ...

[NClaborn]

For the typical consumer, present consumption is
 a. preferred to future consumption
  b. not preferred to future consumption
  c. preferred to future saving
  d. not preferred to future saving
  e. financed out of present saving

Question 2

Low wages may be traceable to all of the following except one. Which is the exception?
 a. low productivity
  b. too much saving
  c. unstable business climate
  d. poor education and training
  e. lack of adequate physical capital supplied to labor

[ryansturges]

Answer to Question 1

A

Answer to Question 2

B