If a Consumer Is Initially in Equilibrium, an Increase in Money

Multiple Choice

If a consumer is initially in equilibrium, an increase in money income will

A) move the consumer to a new equilibrium on a lower indifference curve.
B) move the consumer to a new equilibrium on a higher indifference curve.
C) make the slope of the consumer's indifference curves steeper.
D) have no effect on the equilibrium position.