A Person Is Dynamically Inconsistent If

question 38

Multiple Choice

A person is dynamically inconsistent if:

• A) lapses in self-control occur.
• B) he does not always follow through on his plans and intentions.
• C) he changes his ranking of alternatives available at some future date as the date approaches or once it arrives.
• D) All of these are sufficient for dynamic inconsistency.

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Definitions:

Gateway

A point of entry or access, often used metaphorically to describe something that serves as an entrance to something else, such as a technology, idea, or country.

Corruption

Dishonest or fraudulent conduct by those in power, typically involving bribery or the misappropriation of resources.

English Colonists

Early settlers from England who established colonies in various parts of the world, including North America, during the 16th to 18th centuries.

Indians

Indigenous peoples of the Americas, often referred to in a United States context but broadly representing diverse cultures and societies throughout North and South America.