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:

Physical Custody

A legal term referring to the living arrangements of a child and the rights of a parent or parents to have the child live with them.

Court-ordered Support

Financial or other support mandated by a court for the benefit of a child, spouse, or former spouse following a divorce or separation.

Child-support Laws

Regulations that mandate financial support from one parent to another for the upbringing of their mutual child.

States

Political or geographic entities that constitute the primary organizational units of a country or area.