=+5.5 Everyday Application: Personality and Tastes for Current and Future Consumption: Consider brothers Eddy and Larry, who, despite growing up in the same household, have quite different personalities.

A. Eddy is known to his friends as “steady Eddy” because he likes predictability and wants to know that he’ll have what he has now again in the future. Larry, known to his friends as “crazy Larry,” adapts easily to changing circumstances. One year, he consumes everything around him like a drunken sailor; the next, he retreats to a Buddhist monastery and finds contentment in experiencing poverty.