Suppose Leisure Is on the Horizontal Axis and Dollars Are

question 59

Multiple Choice

Suppose leisure is on the horizontal axis and dollars are on the vertical axis in the consumer-choice diagram.What happens to the budget line when a head tax is imposed?

• A) The budget line shifts inward,but it may become steeper or flatter depending on the size of the head tax.
• B) The budget line pivots about the horizontal intercept,becoming steeper.
• C) The budget line become flatter,with the vertical intercept falling and the horizontal intercept remaining fixed.
• D) There is an inward,parallel shift in the budget line.

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Definitions:

Posterior Cavity

A part of the body’s cavity housing organs in the back part, such as the brain and spinal cord within the skull and vertebral column, respectively.

Anterior Cavity

The anterior cavity refers to a body cavity that includes the thoracic and abdominopelvic cavities, housing vital organs such as the heart, lungs, and digestive system components.

Optic Tract

A pathway of nerve fibers that transmits visual information from the optic chiasma to the brain's visual cortex.

Ganglionic Axons

The long projections of neurons located in a ganglion, typically involved in transmitting signals either to or from the central nervous system.