When the Borrowing Constraint Is Binding, ________

question 18

Multiple Choice

When the borrowing constraint is binding, ________.

• A) wealth is zero
• B) C1 = Y1
• C) C2 = Y2
• D) current and future consumption are equal

---

Definitions:

Psychological Needs

Fundamental human requirements for mental well-being, including needs for autonomy, competence, and relatedness.

Bulimia Nervosa

An eating disorder characterized by repeated cycles of binge eating and purging.

Anorexia Nervosa

A life-threatening eating disorder characterized by dramatic weight loss and a distorted body image.

Female Athlete Triad

A problem affecting female athletes, especially in college, involving (1) low energy, (2) menstrual problems, and (3) loss of bone density.