An example of how financial intermediaries can assist in shifting an individual's consumption forward in time is:

Question

Quizplus · Accepted Answer

Providing a line of credit allows an individual to borrow money and make purchases or investments now, with the promise to pay back the borrowed amount plus interest at a later time. This enables the individual to shift their consumption forward in time by accessing resources they otherwise may not have had immediate access to.

An Example of How Financial Intermediaries Can Assist in Shifting