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The Time Inconsistency Problem Means That Policy Makers Are Always

question 54

Multiple Choice

The time inconsistency problem means that policy makers are always tempted to pursue ________ policy in the short run.


Definitions:

Cross-Sex Hormone

Hormones administered to transgender individuals to promote physical characteristics of their identified gender.

Secondary Sex Characteristics

Physical traits that are not directly involved in reproductive processes but distinguish males from females, such as body hair and voice pitch.

Heterosexual Man

A man who is sexually attracted exclusively to women.

Cisgender

A term describing a person whose gender identity aligns with the sex they were assigned at birth.

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