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Which of the Following Represents the Government's Budget Constraint?
A) Gt=iYtG _ { t } = i Y _ { t }

Question 103

Multiple Choice

Which of the following represents the government's budget constraint?


A) Gt=iYtG _ { t } = i Y _ { t }
B) Gt+Trt+iBt=TtG _ { t } + T r _ { t } + i B _ { t } = T _ { t }
C) Gt+Trt+iBt=YtG _ { t } + T r _ { t } + i B _ { t } = Y _ { t }
D) Gt=Tt+Trt+iBt+ΔBt+ΔMtG _ { t } = T _ { t } + T r _ { t } + i B _ { t } + \Delta B _ { t } + \Delta M _ { t }
E) Gt+Trt+iBt=Tt+ΔBt+1+ΔMt+1G _ { t } + T r _ { t } + i B _ { t } = T _ { t } + \Delta B _ { t + 1 } + \Delta M _ { t + 1 }

Correct Answer:

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