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.

---

Definitions:

B-Corp Certification

A certification for businesses that meet high standards of social and environmental performance, accountability, and transparency.

Sustainable Financial Basis

A state of financial stability that can be maintained over the long term without depleting resources.

Fair Trade

A social movement and market-based approach that aims to help producers in developing countries obtain fair payment for their goods and labor.

Legal Entity

An organization or business that is given legal rights and responsibilities, including the ability to enter into contracts and own property.