Suppose you have plans to save 5 percent of your salary next year. Then your company goes

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Suppose you have plans to save 5 percent of your salary next year. Then your company goes bankrupt, your pay gets slashed by 20 percent, and you end up not saving at all. Is this an example of time inconsistency? Why or why not?

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Microeconomics

ISBN: 9781260521078

3rd Edition

Authors: Dean S. Karlan, Jonathan J. Morduch

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Question Posted: Oct 13, 2023 05:11 AM

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Suppose you have plans to save 5 percent of your salary next year. Then your company goes

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Microeconomics

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