The notion that a country must live within its means, thus determining the amount a country can borrow, is known as the:
A) short-run trade-off.
B) resource allocation rule.
C) long-run budget constraint.
D) law of reciprocity.

Name: The notion that a country must live within its means, thus determining the amount a country can borrow, is known as the: A) short-run trade-off. B) resource allocation rule. C) long-run budget constraint. D) law of reciprocity.
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The Answer is C

The Notion That a Country Must Live Within Its Means