Multiple Choice
Use the following to answer questions:
Figure: The Time Allocation Budget Line
-(Figure: The Time Allocation Budget Line) Look at the figure The Time Allocation Budget Line. If the wage rate decreases, then the time allocation budget line will rotate _____ along the _____ axis.
A) left; leisure
B) up; income
C) right; leisure
D) down; income
Correct Answer:

Verified
Correct Answer:
Verified
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