Multiple Choice
Assume an indifference map with other goods on the vertical axis and health on the horizontal axis.The government provides families with $400 vouchers that can be redeemed for healthcare services at any hospital,public or private.The budget line for a family that avails this voucher scheme will:
A) be negatively sloped.
B) be positively sloped up to $400 and then have a zero slope.
C) have a zero slope up to $400 and then have a negative slope.
D) be a straight line with an infinite slope.
Correct Answer:

Verified
Correct Answer:
Verified
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