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Ao9 Ao9
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8 years ago
The government's present value budget constraint states that
A) taxes must equal government spending in each period.
B) the government may run deficits each and every year, as long as the deficits are sufficiently small.
C) the present value of government spending must be equal to the present value of consumers' disposable incomes.
D) the present value of government spending must be equal to the present value of taxes.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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8 years ago
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Ao9 Author
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#2
8 years ago
Expert Upwards Arrow Smiling Face with Open Mouth
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#3
8 years ago
I'm assuming I was right? Wink Face Don't forget to mark as solved.
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