Inter-temporal choice refers to
A) Scenarios in which decisions made today affect the possible choices that can be made tomorrow.
B) Scenarios in which you much decide on which day to consume.
C) Scenarios in which you make consumption decisions today and another individual makes consumption decisions tomorrow.
D) Scenarios in which all decisions about consumption are made simultaneously.

Question

Quizplus · Accepted Answer

Inter-temporal choice involves making decisions at one point in time that will affect the options or outcomes available at another point in time. This concept is often applied in the context of savings, investments, and consumption, where choices made today influence future financial possibilities and constraints.

Inter-Temporal Choice Refers to