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An Equal Proportional Increase in Money Income and All Money

Question 22

Multiple Choice

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


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

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