Figure 21-3
In each case, the budget constraint moves from BC-1 to BC-2. 
-Refer to Figure 21-3. Which of the graphs in the figure reflects an increase in the price of good X only?
Definitions:
Maturity Value
The total amount of principal and interest due to be paid at the end of a loan or investment period.
Compounded Semi-annually
Interest that is calculated and added to the principal amount twice a year, leading to interest being earned on interest.
Strip Bond
A type of bond where the coupon payments have been separated from the principal, allowing them to be sold independently as zero-coupon bonds.
Discount Rate
The interest rate charged by central banks for loans to commercial banks or the rate used in discounted cash flow analysis to determine present value.
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