Multiple Choice
Figure 11-3
In Figure 11-3, which line represents the change in the consumption schedule caused by a cut in the personal income tax as advocated by President George W. Bush in 2001?
A) C1 in graph (a)
B) C2 in graph (a)
C) C1 in graph (b)
D) C2 in graph (b)
Correct Answer:
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