Myopic behaviour occurs when
A) actions improve budgetary performance in the short-run but are harmful in the long run.
B) there is uncertainty.
C) there is focus on immediate costs.
D) actions improve budgetary performance in the distant time horizon.

Question

Quizplus · Accepted Answer

Myopic behaviour refers to actions that prioritize short-term gains at the expense of long-term benefits, which aligns with choice A.

Myopic Behaviour Occurs When