The axiom that states that, given two goods separated by a fixed time but both in the future, relative preference between those goods is unaffected by how far in the future they may be is called the
A) stationery axiom
B) stationarity axiom
C) hyperbolic axiom

Question

Quizplus · Accepted Answer

The axiom described is commonly known as the "stationarity axiom." The other options, "stationery" and "hyperbolic," are not commonly used terms in economics.

The Axiom That States That, Given Two Goods Separated by a Fixed