When a Budget Constraint Shifts Out

question 17

Multiple Choice

When a budget constraint shifts out:
(i) the consumer is better off
(ii) the consumer can now reach a higher indifference curve
(iii) it could only have been caused by an increase in income

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

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Definitions:

Emotional

Relating to a person's feelings or emotions, often affecting their behavior and thought processes.

Behaviour Problems

refers to actions or patterns of behavior in individuals, typically children, that are socially unacceptable or disruptive.

Thomas and Chess

Psychologists who developed a temperament classification system in the study of child development, highlighting the importance of individual differences.

Counselling

A professional service providing guidance, support, and problem-solving strategies to individuals or groups dealing with personal issues.