We watched a video on marshmallow test in class. Marshmallow test is the following: A succession of 5-year-olds sit at a table with cookies on it (the kids could pick their own treats). If they resist eating anything for 15 minutes, they get two cookies; otherwise they just get one. Preschoolers who waited longest for the marshmallow went on to have higher SAT scores than the ones who couldn’t wait. In later years they were thinner, earned more advanced degrees, used less cocaine, and coped better with stress. What discount rate does a kid have if he/she can resist eating anything for 15 minutes?

A. high discount rate

B. low discount rate

C. high interest rate

D. low interest rate

E. No answer above is correct.

Answer rating: 100% (QA)

Every kid is different and all of them do not have similar sel... View the full answer