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Ao9 Ao9
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Posts: 1908
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8 years ago
Time inconsistency means
A) taking different decisions at different times despite facing the same situation.
B) deciding to do something tomorrow, and then doing something different tomorrow.
C) making policy choices that violate the intertemporal budget constraint.
D) adding a random factor to decisions.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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8 years ago
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