An Increase in a Consumer's Income Will NOT

question 89

Multiple Choice

An increase in a consumer's income will NOT:

• A) shift the budget line away from the origin.
• B) increase the horizontal intercept.
• C) increase the vertical intercept.
• D) change the slope of the budget line.

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Definitions:

Grammar

The system of rules that determine how our thoughts can be expressed.

Egocentric Speech

Speech used by children, in which they talk about themselves and their perspective, often without regard for the listener's understanding or viewpoint.

Fast Mapping

The process in which new words are associated with their meaning after only a brief encounter.

Private Speech

Spoken language that is not intended for others, commonly used by children during the preschool years.