Applying the Concept of Time Inconsistency, We Can Say That

question 107

Multiple Choice

Applying the concept of time inconsistency, we can say that, in general, a person's future-oriented self:

• A)has the same objectives as a person's present-oriented self, but articulates those objectives differently.
• B)tends to choose healthier options, whereas a person's present-oriented self gives into temptation more easily.
• C)is less rational in decision-making, because that self rarely matches actual behavior.
• D)is more rational in decision-making, because its choices are generally healthier or more altruistic.

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Definitions:

Authority

The power or right given to an individual or body to make decisions, issue commands, and enforce obedience within a specific scope or area.

Physical Controls

Security measures that are implemented to protect assets, including locks, surveillance cameras, and alarm systems.

Safeguard Assets

Measures or strategies implemented by a company to protect its assets from theft, damage, or misuse.

Automated System

A setup or process where tasks are performed with minimal human intervention, often through the use of technology or machinery.