-Consider the Change in the Price of a Book Depicted

Multiple Choice

-Consider the change in the price of a book depicted in the above figure. The original budget line is BC. The new budget line is BD. As a result of this price change, the income effect can be represented by a movement from

A) point G to point F.
B) point E to point F.
C) point G to point A.
D) point A to point F.