(Solved): Edward would be equally happy with receiving $95 today or $100 one year from today. Edward's friend ...

Edward would be equally happy with receiving

today or

one year from today. Edward's friend Bella would be just as happy receiving

today or

one year from today. Based on this information, which of the following best describes the difference between Edward and Bella? a. Bella has a higher rate of time preference than Edward. b. Edward has a higher rate of time preference than Bella. c. Edward is in more urgent need of money today. d. Bella is more easygoing about her finances.