Economists presume that when making a decision,individuals consider both the current action and the future consequences of that action.

Name: Economists presume that when making a decision,individuals consider both the current action and the future consequences of that action.
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This is a fundamental principle of economics, known as time preference. Individuals weigh the costs and benefits of a decision not just in the present moment, but also in relation to the future potential outcomes.

Economists Presume That When Making a Decision,individuals Consider Both the Current