If Money Income Increases and the Prices of Products a and B

question 96

Multiple Choice

If money income increases and the prices of products A and B both increase, then the budget line

• A)must shift to the right.
• B)must shift to the left.
• C)may shift either to the right or the left, or not at all.
• D)will no longer be tangent to an indifference curve.

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