Now I want to ask you some questions about a hypothetical situation. Suppose you have earned 500 Kwacha for work that you have done for a trustworthy neighbor during the last week. The neighbor gives you an option for how he pays you for this work. One option is that you get paid today. The alternative option will be to get a slightly higher payment in a month from now.
Literal question
How much would the neighbor have to pay you one month from today so that you would prefer to be paid in one month rather than receiving 500 Kwacha today?
Categories
Value
Category
0
100
500
550
600
800
850
900
950
980
1000
1100
1200
1250
1300
1400
1500
1600
1700
1750
1800
2000
2500
3000
3500
4000
5000
10000
888888
Don't know
999999
Missing
Sysmiss
Warning: these figures indicate the number of cases found in the data file. They cannot be interpreted as summary statistics of the population of interest.