The Quantity of Good M Is Measured Along the Vertical

question 179

Multiple Choice

The quantity of good M is measured along the vertical axis, and the quantity of good N is measured along the horizontal axis. If the prices of both goods M and N declines by 50% each, then the budget line

• A) shifts inward to the left by 50%.
• B) shifts outward to the right by 50%.
• C) shifts outward to the right by 100%.
• D) rotates clockwise by 180 degrees.

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Definitions:

School Desegregation

The process of eliminating racial segregation in schools, often through legal and social efforts, to ensure equal educational opportunities for all races.

Federal Court Orders

Judicial mandates issued by a federal court to enforce a legal right or redress a legal wrong.

Justice Department

The U.S. Department of Justice, responsible for the enforcement of the law and administration of justice.

Thirteenth

Refers to the Thirteenth Amendment of the United States Constitution, which abolished slavery and involuntary servitude, except as punishment for a crime.