Which of the Following Statements Is Not Correct

question 262

Multiple Choice

Which of the following statements is not correct?

• A)A reduction in money income will shift the budget line to the right.
• B)A reduction in money income accompanied by an increase in product prices will necessarily shift the budget line to the left.
• C)An increase in product prices will shift the budget line to the left.
• D)An increase in money income will shift the budget line to the right.

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Definitions:

Universal-ethical Principles

The highest stage in Kohlberg's theory of moral development, where actions are guided by internal moral principles that apply to all human beings.

Kohlberg's Theory

A theory of moral development proposed by Lawrence Kohlberg, which suggests that individuals progress through a series of stages of moral reasoning as they mature.

Moral Development

The process through which individuals acquire the standards of right and wrong that guide their thinking and behavior in terms of ethical and social responsibilities.

Highest Stage

In various developmental theories, this term signifies the ultimate phase of development, characterized by the attainment of peak capabilities or understanding.