Any Consumption Point That Is on the Budget Line

Multiple Choice

Any consumption point that is on the budget line

A) indicates consumption spending beyond current income.
B) implies the household is paying above-market prices for the goods in question.
C) implies the household is paying below-market prices for the goods in question.
D) implies that the household is not spending all of its income on the goods in question.
E) implies that the household is spending all of its income on the goods in question.