Multiple Choice
FIGURE 6- 10
-Refer to Figure 6- 10. The line joining points E1 and E3 is known as , which shows how
.
A) an income consumption line; consumption changes as income changes, with relative prices held constant
B) a price consumption line; consumption changes as one price changes, with money income held constant
C) a price consumption line; consumption changes as money income and relative prices change
D) an income consumption line; consumption changes with changing relative prices and constant income
Correct Answer:

Verified
Correct Answer:
Verified
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Q21: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5438/.jpg" alt=" FIGURE 6- 1
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Q26: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5438/.jpg" alt=" FIGURE 6- 3
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