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While the Endowment Bundle Must Lie on the Original Budget

question 22

True/False

While the endowment bundle must lie on the original budget line, it need not lie on the budget line when prices change.


Definitions:

Right to Vote

The legal entitlement of citizens in a democracy to participate in elections and referendums.

Nineteenth Amendment

A change to the U.S. Constitution ratified in 1920 that allowed women to vote.

Equal Rights Amendment

A proposed amendment to the U.S. Constitution aimed at guaranteeing legal gender equality for women and men. It has not been ratified.

Congress

The legislative branch of the United States government, composed of two parts: the Senate and the House of Representatives.

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