Intertemporal decisions involve economic decisions
A) made within a given period of time.
B) made in between two periods of time.
C) involving trade-offs across periods of time.
D) that ignore concerns about the future.
C
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If U.S. official reserves increase, the
A) current account is positive. B) balance of payments increases. C) official settlements account balance is negative. D) current account increases. E) official settlements account balance is positive.
A student is studying for an exam 2 hours a day and is debating whether to study an extra hour. The student's marginal benefit
A) depends on the grade the student earns on the exam. B) is the benefit the student receives from studying all 3 hours. C) is the benefit the student receives from studying the extra hour. D) is greater than the student's marginal cost.