A movement upward along an upward sloping Engel curve corresponds to
A) upward sloping indifference curves.
B) crossing indifference curves.
C) a rotation in the budget constraint.
D) a parallel shift in the budget constraint.

Question

Quizplus · Accepted Answer

A movement upward along an Engel curve indicates an increase in income, leading to a parallel shift in the budget constraint outward, allowing for higher consumption of goods.

A Movement Upward Along an Upward Sloping Engel Curve Corresponds