A Budget Constraint Is

question 77

Multiple Choice

A budget constraint is:

• A)a line that is composed of all the possible combinations of goods and services that a consumer can buy with his or her income.
• B)a line that is composed of all the possible combinations of goods and services that a consumer can choose to maximize his or her total utility.
• C)a line that is composed of the additional utility gained from consuming possible combinations of goods and services that a consumer can buy with his or her income.
• D)a line that is composed of the total utility gained from consuming all possible combinations of goods and services that a consumer can buy with his or her income.

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Definitions:

Progressive Reformer

An individual or advocate involved in a movement aiming to address and reform issues of social injustice, corruption, and inefficiency in society.

Alice Paul

An American suffragist, feminist, and women's rights activist, and one of the main leaders and strategists of the campaign for the Nineteenth Amendment to the U.S. Constitution, granting women the right to vote.

Charlotte Perkins Gilman

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Herbert Croly

An American political philosopher and journalist known for his advocacy of progressive liberalism and the founding of The New Republic magazine in 1914.