Multiple Choice
An increase in a consumer's budget
A) rotates the budget line outward around the point where it intersects the y-axis.
B) shifts the budget line inward and does not change its slope.
C) rotates the budget line outward around the point where it intersects the x-axis.
D) rotates the budget line inward around the point where it intersects the x-axis.
E) shifts the budget line outward and does not change its slope.
Correct Answer:

Verified
Correct Answer:
Verified
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