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    Exam 9: A Two-Period Model: The Consumption–Savings Decision and Credit Markets
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    The Government's Current Period Budget Constraint Is
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The Government's Current Period Budget Constraint Is

Question 27

Question 27

Multiple Choice

The government's current period budget constraint is:


A) G + B = T
B) G' = T' + (1 + r) B
C) G = T + B
D) G + T = B
E) G + S = B

Correct Answer:

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