Which of the Following Is Shown by a Budget Line

question 40

Multiple Choice

Which of the following is shown by a budget line? i. The combinations of goods a person can afford.
Ii) The production possibilities for a person.
Iii) The combinations of goods a person cannot afford.

• A) i and ii
• B) i and iii
• C) ii and iii
• D) ii only
• E) i only

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Definitions:

Exploitation

The act of using someone or something unfairly for one's own advantage, often in a manner that is unethical or unjust.

Ideology

a system of ideas, values, and beliefs that influences the way individuals view the world and their place in it, often associated with political or social movements.

False Consciousness

A term used in Marxist theory to describe the way in which material, ideological, and institutional processes mislead members of the proletariat about their real interests.

Superstructure

All of the things that society values and aspires to once its material needs are met (e.g., religion, politics, law).