If There Is No Revenue from Money Growth, Then the Government's

question 1

Multiple Choice

If there is no revenue from money growth, then the government's budget constraint without borrowing is:

• A)G_t + V_t = T_t.
• B)G_t = V_t + T_t.
• C)G_t = V_t - T_t
• D)all of the above.

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