An increase in income will cause a consumer's budget constraint to

Name: An increase in income will cause a consumer's budget constraint to
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An increase in income allows a consumer to consume more goods and services. This means that the consumer's budget constraint, which represents the combinations of goods and services that the consumer can afford, will shift outward in a parallel manner because the prices of goods and services are assumed to remain constant.

An Increase in Income Will Cause a Consumer's Budget Constraint