Multiple Choice
An increase in taxes has the following impact on the budget constraint
A) a parallel move down.
B) a parallel move up.
C) a tilting to the left.
D) a tilting to the right.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q47: A consumer's real disposable income equals<br>A) wage
Q48: A pure positive income shock leads to<br>A)
Q49: A static decision is one that<br>A) is
Q50: Which of the following is false?<br>A) a
Q51: The time constraint for the consumer is<br>A)
Q53: The optimal consumption bundle is the point
Q54: When consumption and leisure are both normal
Q55: In macroeconomic analysis,the representative consumer<br>A) denotes the
Q56: The questions below deal with the Gizmo
Q57: The questions below deal with the Gizmo