alehandrovaldes3170 alehandrovaldes3170
  • 11-12-2017
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How is the full government budget constraint formalized?

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Kalahira
Kalahira Kalahira
  • 25-12-2017
Consolidating households and firms budget constraints gives the budget constraint of the private sector. Assets are held by firms on behalf of households. That is, firms are a veil: they provide their owners or shareholders with a means of increasing their assets.
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