The Shift of the Budget Line from Cd to Ab

question 245

Multiple Choice

The shift of the budget line from cd to ab in the figure is consistent with

• A) decreases in the prices of both M and N.
• B) an increase in the price of M and a decrease in the price of N.
• C) a decrease in money income.
• D) an increase in money income.

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Definitions:

Dendrites

Extensions of neurons that receive signals from other neurons and conduct them toward the cell body.

Axons

Long, slender projections of nerve cells that transmit electrical impulses away from the neuron's cell body to other neurons, muscles, or glands.

Transmitting Information

The process of conveying data, knowledge, or instructions from one individual, group, or device to another.

Generating Information

The process of creating new data, ideas, or knowledge that was not previously known or available.