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    Principles of Economics
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    Exam 22: The Theory of Consumer Choice
  5. Question
    When Income Increases, a Budget Constraint Will
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When Income Increases, a Budget Constraint Will

Question 86

Question 86

Multiple Choice

When income increases, a budget constraint will:


A) shift inward, parallel to its initial position
B) shift outward, parallel to its initial position
C) pivot around the Y-axis
D) pivot around the X-axis

Correct Answer:

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