Multiple Choice
An equal proportional increase in money income and all money prices will
A) shift the budget line to the right parallel to the original budget line.
B) rotate the budget line inward from the horizontal axis.
C) rotate the budget line inward from the vertical axis.
D) shift the budget line to the left parallel to the original budget line.
E) leave the position of the budget line unchanged.
Correct Answer:
Verified
Correct Answer:
Verified
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