In the one period budget constraint the uses of funds include:
A)purchases of consumption goods.
B)payment of wages.
C)payment profits.
D)all of the above.

Question

Quizplus · Accepted Answer

The one period budget constraint is typically used to represent an individual's or a firm's budget for a single time period. In this case, the uses of funds would typically include purchases of consumption goods, but not necessarily payment of wages or profits, which would be considered expenses rather than uses of funds. Therefore, the best choice is A.

In the One Period Budget Constraint the Uses of Funds