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Question 25

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Use the following to answer questions :
Exhibit: Budget Constraint Use the following to answer questions : Exhibit: Budget Constraint -(Exhibit: Budget Constraint) Based on the graph, if Y<sub>1</sub> and Y<sub>2</sub> represent income in period one and period two, respectively, at which point along the budget constraint would a consumer be a borrower in period one? A) A B) B C) C D) D
-(Exhibit: Budget Constraint) Based on the graph, if Y1 and Y2 represent income in period one and period two, respectively, at which point along the budget constraint would a consumer be a borrower in period one?


A) A
B) B
C) C
D) D

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