Examlex
Solve the system by graphing.
Time Inconsistency
The economic concept that a person's preferences can change over time, often leading to choices that might contradict their long-term goals.
Self Control
the ability to regulate one's emotions, thoughts, and behaviors in the face of temptations and impulses.
Retirement Savings
Money that individuals set aside to have financial resources during their retirement, often accumulated through accounts or plans that offer tax benefits.
Automatic Deductions
A financial arrangement where funds are transferred from one account to another at prearranged intervals, often used for recurring payments.
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