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A Consumer Who Is Time-Consistent

Question 84

Multiple Choice

A consumer who is time-consistent:


A) is on time or a little early for most appointments.
B) uses nominal and real variables when making economic decisions.
C) will make the same decision in economic transactions, whether the transaction happens immediately or in the distant future.
D) will always make different decisions, depending on whether an economic transaction occurs immediately or in the distant future.

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