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Figure 4.2.1 -Refer to Figure 4.2.1 Above. Which of the Following Moves

Question 38

Multiple Choice

  Figure 4.2.1 -Refer to Figure 4.2.1 above. Which of the following moves represents the income effect? A)  The move from F<sub>1</sub> to E B)  The move from E to F<sub>2</sub> C)  The move from F<sub>1</sub> to F<sub>2</sub> D)  A move from F<sub>1</sub> to F<sub>2</sub> and then to E Figure 4.2.1
-Refer to Figure 4.2.1 above. Which of the following moves represents the income effect?


A) The move from F1 to E
B) The move from E to F2
C) The move from F1 to F2
D) A move from F1 to F2 and then to E

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