The Problem the Household Must Solve Is

Multiple Choice

The problem the household must solve is:

A) choosing period consumption to satisfy the concurrent budget constraint.
B) choosing consumption to ensure some income is left over for future generations.
C) satisfying the intertemporal budget constraint by finding a good source of income.
D) making sure the household is saving at 10 percent of its income.
E) choosing lifetime consumption which satisfies the intertemporal budget constraint.