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Which of the Following Explains the Concept of Time Inconsistency

Question 12

Multiple Choice

Which of the following explains the concept of time inconsistency?


A) People change their minds about what they want in response to gaining complete information.
B) People change their minds about what they want simply because of the timing of the decision.
C) People typically choose the same thing, regardless of when the decision is being made.
D) None of these statements are true.

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