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-In the Above Figure If Money Income Increases, the Budget

Question 6

Multiple Choice

-In the above figure if money income increases, the budget line A) shifts outward and its slope does not change. B) shifts inward and its slope does not change. C) rotates outward and becomes steeper. D) rotates outward and becomes more shallow.
-In the above figure if money income increases, the budget line


A) shifts outward and its slope does not change.
B) shifts inward and its slope does not change.
C) rotates outward and becomes steeper.
D) rotates outward and becomes more shallow.

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