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The Slope of the Budget Constraint Line Is
A) the Ratio

Question 9

Multiple Choice

The slope of the budget constraint line is


A) the ratio of the prices (PX/PY) \left( P _ { X } / P _ { Y } \right)
B) the negative of the ratio of the prices (PX/PY) \left( P _ { X } / P _ { Y } \right)
C) the ratio of income divided by price of Y (I/PY) \left( I / P _ { Y } \right)
D) none of the above.

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