An Intertemporal Budget Constraint Allows Families to

Multiple Choice

An intertemporal budget constraint allows families to

A) enjoy greater financial flexibility over the course of several years than in any single year.
B) consume more over their lifetime than they receive in disposable income.
C) ignore the usual constraint of living within one's lifetime income.
D) enjoy greater financial flexibility in any single year than over the course of several years.
E) ignores the effect of asset accumulation resulting from saving over time.