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    Macroeconomics Study Set 43
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    Exam 1: B: Limits, Alternatives, and Choices
  5. Question
    The Budget Line Shift from Cd to Ab in the Below
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The Budget Line Shift from Cd to Ab in the Below

Question 71

Question 71

Multiple Choice

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.


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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