In his last visit to the dentist, Jonas was told that there were signs of decay on several of his teeth even though no intervention is required immediately. if the decay continues to increase he might eventually lose his teeth. the dentist gave Jonas a list of steps he should follow to prevent the decay from advancing. Jonas went straight to the pharmacy to buy what is necessary and has been following the doctors instructions to the letter.

which of the following best describes his personal discount rate and why ?

1. he has a high discount rate because he values using his teeth in the future

2. he has a high discount rate because he spent a lot of money to invest in better oral health

3.he has a low discount rate because he values the future of his teeth

4. he has a low discount rate because he will spend more money in the future on his teeth