Other Things Equal, an Increase in a Consumer's Money Income

question 228

Multiple Choice

Other things equal, an increase in a consumer's money income

• A) increases the amount of utility a consumer receives from a given quantity of a good.
• B) shifts the individual's budget line rightward because she can now purchase more of both products.
• C) eliminates the individual's economizing problem.
• D) causes the consumer to choose a different combination of goods along a given budget line.

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