MACROECONOMICS W/SAPLING PLUS
MACROECONOMICS W/SAPLING PLUS
10th Edition
ISBN: 9781319258900
Author: Mankiw
Publisher: MAC HIGHER
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Chapter 19, Problem 5QR
To determine

Examples for time inconsistent preferences.

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Sally wants to take out her entire savings from her superannuation to spend today. Is this acting in a time inconsistent manner (according to behavioural economics)?  a) Yes b) No Explain:
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