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-In the Above Figure, If the Budget Line Shifts from RT

Question 6

Multiple Choice

-In the above figure, if the budget line shifts from RT to RS, the income effect is illustrated by the move from A) a to c. B) a to b. C) T to S. D) b to c.
-In the above figure, if the budget line shifts from RT to RS, the income effect is illustrated by the move from


A) a to c.
B) a to b.
C) T to S.
D) b to c.

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