An Equal Proportional Increase in Money Income and All Money

Multiple Choice

An equal proportional increase in money income and all money prices will

A) shift the budget line to the left parallel to the original budget line.
B) shift the budget line to the right parallel to the original budget line.
C) leave the position of the budget line unchanged.
D) rotate the budget line inward from the vertical axis.
E) rotate the budget line inward from the horizontal axis.