Each individual reaches a decision--each individual has an income point and decides how much to consume based on the budget constraint.
在预算限制内,每个人都要决定将收入的多少,用于消费
Sure, I mean, my understanding is that it's part of the budget. It's part of the operating budget
当然。我是说,我的理解是,这是预算的一部分。是经营预算的一部分,
When I started in 1985, the distribution to the operating budget was $45 million.
我1985年开始管理耶鲁基金时,运营预算是4千5百万美元
Before becoming President Bush's White House Chief of Staff, he was President Bush's Director of the Office of Management and Budget for 3 years.
在成为布什总统的,白宫办公厅主任之前,他是布什总统的,白宫管理与预算办公室主任,任期三年。
The price of Mr. Bush's final budget, which of course includes the stimulus package, may well be paid in far higher taxes " under the new president next year."
布什任期内最后一笔预算,当然也包括他的一揽子刺激计划,很可能会以高税率的形式付出代价,由下届总统来收拾这个烂摊子“
but as far as I understand it, they, a large share of their operating budget goes to advertising,
但是照我的理解,它们,很大一部分经营预算都给了广告,
You know, for me, it's not because it's not in my budget.
对我来说,不是因为它不在我的预算之内。
A person has a budget constraint if the person can borrow and lend at the interest rate.
在某一利率下,人都有自己的预算限制
The budget constraint is going to have a different slope to it and preferences will be different over this horizon between consumption then and consumption now.
预算约束线的斜率会有所不同,人们对即时消费和延期消费的偏好,也会有所不同
As WHCF and Budget Director, my first meeting of the day my first responsibility of the day was to be at the senior staff meeting 7:30 every morning at 7:30.
作为办公室主任和预算主任,我每天的第一场会议,每天的第一件任务,就是出席高级职员会议,每天早上。
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