Assume Claudia's Budget Constraint Is Demonstrated by Line a in the Graph

question 33

Multiple Choice

Assume Claudia's budget constraint is demonstrated by line A in the graph shown.Which of the following would cause Claudia's budget constraint to shift to line C?

• A) Claudia's income increased.
• B) Claudia's income decreased.
• C) Claudia's preferences for these two goods decreased.
• D) The prices of both goods have gone down.

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Definitions:

Criminals Sympathetically

Refers to the perception or portrayal of criminals in a manner that evokes sympathy or understanding for their circumstances.

Isolationism

A foreign policy strategy characterized by a country's decision to minimize its involvement in international affairs, focusing instead on its own national interests and advancement.

Foreign Policy

The strategies, decisions, and actions a country adopts in its dealings with other countries to achieve its national objectives.

Corporativism

An ideological and social system advocating the organization of society by corporate groups, such as agricultural, labor, military, or scientific affiliations.