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  3. Study Set
    Foundations of Macroeconomics
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    Exam 13: Consumer Choice and Demand
  5. Question
    If the Slope of the Budget Line Changes,there Must Have
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If the Slope of the Budget Line Changes,there Must Have

Question 1

Question 1

Multiple Choice

If the slope of the budget line changes,there must have been


A) a change in the consumer's preferences.
B) an increase in the consumer's income.
C) a change in the price of at least one good.
D) a change in the price of both goods.
E) None of these could cause a change in the slope of the budget line.

Correct Answer:

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