If Good $x$ Is Measured Along the Horizontal Axis and Good $y$

question 41

Multiple Choice

If good $x$ is measured along the horizontal axis and good $y$ is measured along the vertical axis, then the slope of the budget constraint can be expressed as which of the following?

• A) \(- \frac { P _ { x } } { P _ { y } }\)
• B) \(- \frac { I } { P _ { y } }\)
• C) \(- \frac { l } { P _ { x } }\)
• D) \(- \frac { P _ { y } } { P _ { x } }\)

---

Definitions:

Income Inequality

The uneven distribution of income within a population, leading to a gap between the wealthiest and the poorest individuals or households.

Economic Homeless

Individuals or families who lack stable housing due to financial hardships, making them unable to afford regular and adequate shelter.

Mental Illness

A wide range of mental health conditions that affect mood, thinking, and behavior, potentially interfering with daily functioning.

Absolute Poverty

A condition characterized by the severe deprivation of basic human needs, including food, safe drinking water, sanitation facilities, health, shelter, education, and information.