Author Question: Goods and activities typically are more highly valued the sooner they can be enjoyed, other things ... (Read 29 times)

Bob-Dole · **on:** Jun 30, 2018

Goods and activities typically are more highly valued the sooner they can be enjoyed, other things constant,
a. only when interest rates are positive
b. because interest rates are positive
c. only when people save
d. because people save
e. because people have positive rates of time preference

Question 2

Which of the following does not explain why U.S. wage rates are higher than wage rates in developing countries?
a. better education and training of workers in the United States
b. greater availability of capital in the United States
c. use of the latest technology in the United States
d. higher productivity in the United States
e. unstable business conditions in the United States