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The Budget Line Shift from Cd to Ab in the Below

question 249

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