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Other Fields Homework Help Economics Topic started by: ice5192 on Dec 10, 2017



Title: The consumer's lifetime budget constraint states that
Post by: ice5192 on Dec 10, 2017
The consumer's lifetime budget constraint states that
A) the present value of lifetime consumption must be equal to the present value of lifetime gross income.
B) the present value of lifetime consumption must be equal to the present value of lifetime disposable income.
C) the present value of lifetime consumption plus the present value of lifetime taxes to be paid must be equal to the present value of lifetime income.
D) the present value of lifetime taxes to be paid by the consumer must be equal to the present value of government spending.
E) he present value of lifetime consumption must be equal to the present value of savings.


Title: Re: The consumer's lifetime budget constraint states that
Post by: karmar on Dec 10, 2017
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