Generational accounting: Select one: a. is a method of assessing the impact of fiscal policy lags from one generation to another. b. measures the number of generations it takes to pay off the national debt at a given point in time. c. evaluates the impact of current fiscal policies on different generations in the economy, including future generations. d. is an accounting method that defers to the future, the cost of any government policy the rewards of which will be reaped in the future.

c. evaluates the impact of current fiscal policies on different generations in the economy, including future generations.

Explanation:

Generational accounting would be classified as a forecasting method that deals how the present fiscal policies would affect the future generations.

Also at the same time it would evaluate the affect related to the present fiscal policies for various generations in the economy

Therefore the option c is correct

And, the rest of the options would be incorrect

urban company reports the following information regarding its production cost: units produced 37,000 units direct labor $ 30 per unit direct materials $ 35 per unit variable overhead $ 237,000 in total fixed overhead $ 127,000 in total