If income increases,the budget line:
A) shifts to the right.
B) shifts to the left.
C) rotates clockwise.
D) rotates counterclockwise.

Name: If income increases,the budget line: A) shifts to the right. B) shifts to the left. C) rotates clockwise. D) rotates counterclockwise.
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Question

Quizplus · Accepted Answer

When income increases, the consumer can now afford to purchase more goods and services. This means that the budget line shifts to the right, indicating a higher level of consumption for the consumer.

If Income Increases,the Budget Line