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    Principles of Microeconomics
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    Exam 21: The Theory of Consumer Choice
  5. Question
    In What Direction Will a Decrease in Income Cause a Shift
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In What Direction Will a Decrease in Income Cause a Shift

Question 6

Question 6

Multiple Choice

In what direction will a decrease in income cause a shift in the budget constraint


A) outward
B) toward the good most consumed
C) toward the good least consumed
D) inward

Correct Answer:

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