A person is dynamically inconsistent if:
A. lapses in self-control occur.
B. he does not always follow through on his plans and intentions.
C. he changes his ranking of alternatives available at some future date as the date approaches or once it arrives.
D. All of these are sufficient for dynamic inconsistency.
D. All of these are sufficient for dynamic inconsistency.
Economics
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Subsidies ________ the price paid by the buyer and ________ the price received by the seller
A) increase, increase B) increase, decrease C) decrease, increase D) decrease, decrease E) do not change; increase
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The term nonexclusive means that once the good is provided, no one can be excluded from deriving its benefits
Indicate whether the statement is true or false
Economics