The intertemporal budget constraint equation based on personal life-cycle describes the relationship among initial wealth, lifetime income, lifetime consumption and bequest. Its financial logic is
选项:
A:The wealth of a person and his lifetime income can only be used for his lifetime consumption.;
B:The wealth that a person owns at beginning (initial wealth) and his lifetime income can only be used for his lifetime consumption.;
C:The wealth that a person owns at beginning (initial wealth) and his lifetime income can only be used for his lifetime consumption and as a bequest to the next generation.;
D:The wealth of a person and his lifetime income can only be used for his lifetime consumption and as a bequest to the next generation.
发布时间:2024-04-24 23:25:48