If Income Increases,the Budget Line

question 63

Multiple Choice

If income increases,the budget line

• A)becomes steeper.
• B)becomes flatter.
• C)shifts leftward and parallel to the original budget line.
• D)shifts rightward and parallel to the original budget line.
• E)shifts parallels either leftward or rightward depending on whether the goods measured on the axes are normal or inferior.

Understand organizational strategies for managing large group discussions.

Appreciate the effectiveness of silence as a facilitation technique.

Understand the process and sequence of steps in group nutrition counseling.

Identify the advantages and disadvantages of group vs. individual counseling.

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Definitions:

Service Revenues

Income earned from providing services as opposed to selling physical goods.

Dividends

Payments made by a corporation to its shareholder members, distributing earnings.

Common Shares

Shares in a company that signify ownership, allowing those who hold them to participate in voting and receive a part of the profits.

Financial Position

A snapshot of the resources, obligations, and ownership equity of an entity at a specific point in time.