The __________ one's income, the __________ one's budget constraint.
A)smaller; further away from the origin
B)larger; closer to the origin
C)larger; further away from the origin
D)smaller; steeper the slope of
E)larger; steeper the slope of

Question

Quizplus · Accepted Answer

A larger income shifts the budget constraint further away from the origin, as it allows for more consumption possibilities.

The __________ One's Income, the __________ One's Budget Constraint

The One's Income, the One's Budget Constraint