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If $ 1 0 0 today is worth $ 1 5 0 to you in the future, then you exhibit a negative time preference. a
If $ today is worth $ to you in the future, then you exhibit a negative time preference. a positive time preference. a neutral time preference. a negative marginal rate of substitution.
If $ today is worth $ to you in the future, then you exhibit
a negative time preference.
a positive time preference.
a neutral time preference.
a negative marginal rate of substitution.
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