An Implication of the Intertemporal Budget Constraint Is That

question 86

Multiple Choice

An implication of the intertemporal budget constraint is that:

• A) the government can borrow only as much as it can credibly pay back.
• B) the government can borrow as much as it wants.
• C) the government must always have a balanced budget.
• D) the government must balance its budget over the business cycle.
• E) all generations pay the same amount of taxes.

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Definitions:

Copper

A chemical element with the symbol Cu and atomic number 29, known for its high thermal and electrical conductivity.

Fluoride

A mineral known for its role in preventing tooth decay, often added to dental care products and water supplies.

Iron

A mineral essential for the body, primarily involved in the creation of red blood cells and the transportation of oxygen in the blood.

Zinc

An essential mineral important for immune function, wound healing, DNA synthesis, and cell division.