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-Lizzie's Budget Line Is Shown in the Figure Above

Question 249

Multiple Choice

-Lizzie's budget line is shown in the figure above. If the price of a magazine rises, Lizzie's real income in terms of magazines books ________ and her real income in terms of cookies ________. A) increases; does not change B) decreases; does not change C) decreases; increases D) increases; decreases
-Lizzie's budget line is shown in the figure above. If the price of a magazine rises, Lizzie's real income in terms of magazines books ________ and her real income in terms of cookies ________.


A) increases; does not change
B) decreases; does not change
C) decreases; increases
D) increases; decreases

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