Multiple Choice
Use the following figure to answer the question : Figure 17-1 : shows the weekly income (in dollars) and leisure (in hours) of a worker using an indifference curve and a budget line.
-_____ will cause the budget line in Figure 17-1 to rotate from NY2 to NY3.
A) An increase in work effort
B) A fall in work effort
C) A rise in the wage rate
D) A fall in the wage rate
Correct Answer:

Verified
Correct Answer:
Verified
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