A Consumer Who Is Time-Consistent

question 84

Multiple Choice

A consumer who is time-consistent:

• A) is on time or a little early for most appointments.
• B) uses nominal and real variables when making economic decisions.
• C) will make the same decision in economic transactions, whether the transaction happens immediately or in the distant future.
• D) will always make different decisions, depending on whether an economic transaction occurs immediately or in the distant future.

---

Definitions:

Adipose Tissue

A type of body fat stored in the human and animal body, serving as energy storage, insulation, and protection of organs.

Human Cancers

A broad group of diseases involving uncontrolled cell growth in the body with the potential to invade or spread to other parts of the body.

Neoplastic Tissue

Tissue composed of cells that are undergoing uncontrolled growth, which can lead to tumors or cancers.

Epithelial Tissue

Sheets of tightly packed cells covering exterior surfaces of the body, lining internal cavities and organs, and forming glands.