Card 11 / 15: As long as all prices remain constant, an increase in money income results in
A)
an increase in the slope of the budget line.
B)
a decrease in the slope of the budget line.
C)
an increase in the intercept of the budget line.
D)
a decrease in the intercept of the budget line.
Answer:
C) an increase in the intercept of the budget line.
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