The Self-Control Hypothesis Suggests That People

The self-control hypothesis suggests that people

A) base their spending decisions (and consequently their saving decisions) on the spending decisions of others.
B) want to save,but lack the discipline to refrain from consuming.
C) substantially decrease their saving when the real interest rate increases.
D) control their spending in order to save more when the real interest rate increases.
E) base their saving decisions on their projections of income and spending needs over their lifetimE.