Question: Please help me solve this true and false question with an explanation for each Thank you True for False (1) In the 3,5 model, naive
Please help me solve this true and false question with an explanation for each Thank you

True for False (1) In the 3,5 model, naive people always choose to take an action strictly later than sophisticated people. (T / F) (2) Negative interest rates mean that the present value of something is alway less than its future value. (T / F) (3) The EDU model cannot describe the choices of a person who only cares about imme- diate consumption. (T f F) (4) People who are fully sophisticated never think their future selves are naive. (T / F) (5) Someone who is time-inconsistent must be using quasi-hyperbolic discounting. (T f F)
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