If the household budget constraint is aggregated over all household, it shows that:
A)profit is zero.
B)PC+ B+P• K = + wL + i(B + P
K),
C)C + K = Y - K
D)all of the above.

Question

If the household budget constraint is aggregated over all household, it shows that:
A)profit is zero. 
B)PC+ B+P• K = + wL + i(B + P
K), 
C)C + K = Y - K 
D)all of the above.

Quizplus · Accepted Answer

The Answer of If the household budget constraint is aggregated over all household, it shows that:
A)profit is zero. 
B)PC+ B+P• K = + wL + i(B + P
K), 
C)C + K = Y - K 
D)all of the above.

If the Household Budget Constraint Is Aggregated Over All Household