Saving money is a(n) ____________________, because it involves less consumption in the present, but the ability to consume more in the future.   Group of answer choices   budget constraint   intertemporal choice   risk premium   opportunity cost

Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter13: Capital, Interest, Entrepreneurship, And Corporate Finance
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Saving money is a(n) ____________________, because it involves less consumption in the present, but the ability to consume more in the future.
 
Group of answer choices
 
budget constraint
 
intertemporal choice
 
risk premium
 
opportunity cost
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