If the Consumer's Income and All Prices Simultaneously Double, Then

question 178

Multiple Choice

If the consumer's income and all prices simultaneously double, then the optimum consumption bundle will

• A)shift outward relative to the original optimum.
• B)move leftward along the original budget constraint.
• C)not change.
• D)shift inward relative to the original optimum.

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A developmental psychologist known for his theory on the psychological development of humans, characterized by eight stages over the lifespan.