StatementTrueFalseAll else being equal, the more highly that savers and investors prefer immediate spending to deferred consumption, the lower the compensation that savers and investors will require to induce them to make an investment that will necessitate postponed spending.On average and everything else held constant, rational savers and investors prefer to invest $1,500 to acquire an asset that will pay annual cash flows of $300 per year rather than an otherwise identical asset that will pay $500 per year.The onset of 5% inflation means that your receipt of a $100 interest payment allows you to purchase only $95 worth of goods and services.The longer the period of deferred consumption, the larger will be the maturity premium that savers and investors expect to receive, everything else held constant.For the average rational investor or saver, there is an indirect, or inverse, relationship between the amount of risk exhibited by a security and the risk premium that would be required by the investor or saver.'