The idea that consumers will not consistently discount the future over time is known as ________

A) intertemporal choice
B) tertiary inversion
C) hyperbolic discounting
D) antediluvian Machiavellianism

C

Economics

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Both marginal revenue and marginal revenue product refer to the gains to the firm from employing one additional worker

a. True b. False

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An increase in the marginal physical product of capital increases the demand for loanable funds

Indicate whether the statement is true or false

Economics