If the money supply does not change, then the government's budget constraint without borrowing is:
A) Gt - Vt = Tt
B) Gt = Vt - Tt
C) -Gt = Vt - Tt
D) all of the above.
Correct Answer:
Verified
Q1: Central and local governments purchases are about
Q2: Among the government's sources of funds are;
A)transfer
Q3: A temporary increase in government expenditures will
Q4: If a household's transfer payment less taxes
Q5: A permanent increase in government purchases causes
Q7: The biggest category of state and local
Q8: If there is no revenue from money
Q9: Among the government's sources of funds are;
A)transfer
Q10: The biggest category of government purchases in
Q11: The government budget constraint without borrowing is:
A)Gt
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