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Chako Chako
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8 years ago
An intertemporal budget constraint
A) does not take into account the ability to borrow or loan goods domestically.
B) limits consumption to the amount produced in each time period.
C) requires the present value of consumption to be equal to the present value of production.
D) requires total spending in each period to be equal to total consumption in each period.
E) categorizes income into permanent and temporary income.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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8 years ago
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Chako Author
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#2
8 years ago
Correct!
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#3
7 years ago
Happy to help you!
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