Solved

The Government's Intertemporal Budget Constraint Is a Simple Two-Period Case $G _ { 1 } + \frac { G _ { 2 } } { ( 1 + i ) } + ( 1 + i ) B _ { 1 } = 0$

Question 27

Multiple Choice

The government's intertemporal budget constraint is a simple two-period case in which:

A) $G _ { 1 } + \frac { G _ { 2 } } { ( 1 + i ) } + ( 1 + i ) B _ { 1 } = 0$
B) $G _ { 1 } + G _ { 2 } + ( 1 + i ) B _ { 1 } = T _ { 1 } + T _ { 2 }$
C) $G _ { 1 } + \frac { G _ { 2 } } { ( 1 + i ) } + ( 1 + i ) B _ { 1 } = T _ { 1 } + \frac { T _ { 2 } } { ( 1 + i ) }$
D) $\frac { G _ { 1 } } { ( 1 + i ) } + G _ { 2 } + ( 1 + i ) B _ { 1 } = T _ { 1 } + \frac { T _ { 2 } } { ( 1 + i ) }$
E) $G _ { 1 } + G _ { 2 } = T _ { 1 } + T _ { 2 }$