An Example of a Commitment Device for Jane,who Says She

question 82

Multiple Choice

An example of a commitment device for Jane,who says she really wants to save more would be:

• A) an agreement that she give any new clothes, jewelry, or makeup purchases to her best friend, and Jane is not allowed to borrow them.
• B) a commitment to only buy things on sale.
• C) a decision to cook her own food and not order take-out or delivery food unless she is too busy.
• D) buying a piggy bank to store savings.

---

Definitions:

Labor Day

An annual holiday celebrating the achievements of workers, observed on the first Monday in September in the United States.

Concrete

A construction material made from a mixture of cement, aggregates, water, and possibly additives, known for its high strength and durability.

Lumber

Timber that has been processed into beams and planks, a stage in the preparation for use as building material or other purposes.

Minor

An individual under the age of legal adulthood, typically under 18, who has limited legal rights and capacities.