Assume That a Consumer Purchases Only Two Products and There

Multiple Choice

Assume that a consumer purchases only two products and there is a decrease in the consumer's income. The prices of the two products stay constant. The decrease in income will result in a:

A) Shift of the budget line inward to the left
B) Shift of the budget line outward to the right
C) A decrease in the slope of the budget line
D) An increase in the slope of the budget line