Multiple Choice
One explanation that behavioral economists give for procrastination and other time-inconsistent behavior is
A) people's personal discount rate is greater in the far future than in the near future.
B) people's personal discount rate is smaller in the far future than in the near future.
C) people's personal discount rate is the same in the far future as in the near future.
D) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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