Question

what are "time preferences"?​

Answer 1

Answer:

Please mark as Branliest answer

Explanation:

In economics, time preference is the current relative valuation placed on receiving a good at an earlier date compared with receiving it at a later date. There is no absolute distinction that separates "high" and "low" time preference, only comparisons with others either individually or in aggregate

Answer 2

Answer:

In economics, time preference is the current relative valuation placed on receiving a good at an earlier date compared with receiving it at a later date. There is no absolute distinction that separates "high" and "low" time preference, only comparisons with others either individually or in aggregate