Jake brings his video game console home over winter break and leaves it there, thinking he will study more during the spring semester without it around. Jake is:
A) trying to compensate for the time-inconsistency of his desire to study more when faced with the temptation to play video games instead.
B) forcing his behavior to match economic theory.
C) not acting rationally, since what he really wants is to play video games.
D) demonstrating that he has forgotten the fungibility of money.
Correct Answer:
Verified
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