Explain how intertemporal substitution is important for current labour supply and for the current demand for consumption goods. Part 2 Intertemporal substitution can affect current labour supply and current demand for consumption goods when A. the real wage rate increases or decreases, impacting consumers' decision to work and current consumption capabilities. B. inflation causes changes in purchasing power, leading to consumers adjusting their work-leisure preferences and consumption patterns. C. changes in the real interest rate influence consumers to adjust their present versus future tradeoff in consumptiondash-savings and workdash-leisure decisions. D. shocks to the economy, such as natural disasters, result in short-term changes to consumers' consumption habits and their ability to work