Solved

Suppose a Family's Budget Line Is Such That the Horizontal

Question 34

Multiple Choice

Suppose a family's budget line is such that the horizontal axis shows the amount of food consumed,while the vertical axis measures the consumption of all other goods.Suppose this family receives food stamps.This will cause the budget line to


A) rotate leftward along the vertical axis.
B) pivot along the horizontal axis.
C) shift rightward along the horizontal axis.
D) shift leftward.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents