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When the Borrowing Constraint Is Binding,________

Question 58

Multiple Choice

When the borrowing constraint is binding,________.


A) wealth is zero
B) When the borrowing constraint is binding,________. A) wealth is zero B) = C) = D) current and future consumption are equal
=
When the borrowing constraint is binding,________. A) wealth is zero B) = C) = D) current and future consumption are equal
C) When the borrowing constraint is binding,________. A) wealth is zero B) = C) = D) current and future consumption are equal
=
When the borrowing constraint is binding,________. A) wealth is zero B) = C) = D) current and future consumption are equal
D) current and future consumption are equal

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