One of the Implications of the Intertemporal Budget Constraint Is

question 26

Multiple Choice

One of the implications of the intertemporal budget constraint is that:

• A) current consumption does not have to equal current income
• B) there can be income transfers between today and the future
• C) lifetime consumption equals total wealth
• D) All of these answers are correct.
• E) None of these answers are correct.

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