Multiple Choice
The Intertemporal Budget Constraint means
A) The Government budget must be in balance in the long run
B) The primary budget deficit should be zero
C) Government spending must be equal to government revenue in each period
D) The stock of debt today must equal the present value of future government surpluses
E) The stock of debt today must equal the present value of future government primary surpluses
Correct Answer:
Verified
Correct Answer:
Verified
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Q21: Which of the following is not a