Q753
Inter temporal allocation of resources means allocation of resources across _________
A.
Needs
B.
Sectors
C.
Space
D.
Time
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Inter temporal allocation of resources means allocation of resources across Time. Intertemporal choice is an economic term describing how an individual's current decisions affect what options become available in the future. Theoretically, by not consuming today, consumption levels could increase significantly in the future, and vice versa.