Multiple Choice
A cash gift causes the budget line to:
A) shift to the right in a parallel fashion.
B) shift to the left in a parallel fashion.
C) rotate clockwise.
D) None of the preceding statements is correct.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: Which of the following pairs of goods
Q2: What is the maximum amount of good
Q3: Some individuals choose to undertake risky prospects
Q4: A stockholder named Sue must cast a
Q6: When the price of a good increases
Q7: At the equilibrium consumption bundle,which of the
Q8: Managers can get workers to work longer
Q9: Running a supermarket involves:<br>A) a lower level
Q10: If the slope of the indifference curve
Q11: The idea that a consumer is limited