Multiple Choice
Saving money is an) ____________________, because it involves less consumption in the present, but the ability to consume more in the future.
A) budget constraint
B) intertemporal choice
C) risk premium
D) opportunity cost
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q55: Briefly explain the relevant portions shown in
Q56: Substitution and income effects of a change
Q57: Janie works for an accounting firm. Her
Q58: Briefly discuss the choices typical to households
Q59: When Marietta chooses to only purchase a
Q61: Aleah is an electrical engineer. Her wage
Q62: Molly attends college and works part-time job
Q63: The term _ refers to the additional
Q64: Briefly discuss how greater consumption of a
Q65: The step-by-step process of finding the choice