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Author Question: Lizzie's budget line is shown in the figure above. Lizzie's real income in terms of cookies is ... (Read 127 times)

abarnes

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  • Posts: 556
on: Jun 29, 2018
Lizzie's budget line is shown in the figure above. Lizzie's real income in terms of cookies is ________ cookies.
 
  A) 5
  B) 10
  C) 15
  D) 20

Question 2

If there is an increase in technology, the long-run aggregate supply curve shifts rightward, but the short-run aggregate supply curve does not shift.
 
  Indicate whether the statement is true or false


aliotak

  • Sr. Member
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  • Posts: 326
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

FALSE


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