Multiple Choice
(Figure: Good Y and Good X VI) Which set of points (Good X, Good Y) is consistent with the income expansion path?
A) (0,0) , (2,2) , (5,3) , (7,5) , and (8,8)
B) (0,0) , (0,4) , (0,8) , (0,12) , and (0,16)
C) (0,0) , (4,0) , (8,0) , (12,0) , and (16,0)
D) (0,0) , (4,4) , (8,8) , (12,12) , and (16,16)
Correct Answer:

Verified
Correct Answer:
Verified
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