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    Microeconomics Study Set 49
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    Exam 4: Consumer Choice
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    Suppose All Prices Double and Income Triples
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Suppose All Prices Double and Income Triples

Question 19

Question 19

Multiple Choice

Suppose all prices double and income triples. The budget line:


A) will become steeper.
B) will become flatter.
C) will shift in toward the origin.
D) will shift out from the origin.

Correct Answer:

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