Solved

The Intertemporal Budget Constraint Is Written As

Question 52

True/False

The intertemporal budget constraint is written as [ctoday (1+R)]+cfuture =ftodoy +[γtoday +(1+R)]+γfuture \left[ c _ { \text {today } } ( 1 + R ) \right] + c _ { \text {future } } = f _ { \text {todoy } } + \left[ \gamma _ { \text {today } } + ( 1 + R ) \right] + \gamma _ { \text {future } }
.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions