Which of the following is the best example of intertemporal substitution?
A) Timmy opens a lemonade stand on the weekends when he's not in school to earn money for a new bike.
B) Sam works overtime to earn extra money.
C) Mary studies an extra 3 hours the night before her economics final exam.
D) Sarah decides to stay home from work today because she is feeling ill.

Question

Quizplus · Accepted Answer

The Answer of Which of the following is the best example of intertemporal substitution?
A) Timmy opens a lemonade stand on the weekends when he's not in school to earn money for a new bike.
B) Sam works overtime to earn extra money.
C) Mary studies an extra 3 hours the night before her economics final exam.
D) Sarah decides to stay home from work today because she is feeling ill.

Which of the Following Is the Best Example of Intertemporal