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babymother [125]
3 years ago
12

Which of the following individuals is practicing intertemporal substitution?

Social Studies
1 answer:
kramer3 years ago
7 0

Answer:

a. Malika decides to stop being a stay-at-home mother and enters the workforce because the economy is booming.

Explanation:

Inter-temporal substitution refers to the practice to work more when the returns are expected to be higher. In a booming economy, the returns are expected to be higher compared to that in a recession. Thus people took the opportunity to work more than they required to save for future consumption.

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