This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If a household's income falls by 10%, its budget constraint will (Read 99 times)

crobinson2013

  • Hero Member
  • *****
  • Posts: 535
on: Apr 19, 2019

Question 1

If a household's income doubles, its budget constraint will


◦ shift out parallel to the old one.
◦ pivot at the Y-intercept.
◦ shift in parallel to the old one.
◦ be unaffected.

Question 2

If a household's income falls by 10%, its budget constraint will


◦ shift out parallel to the old one.
◦ pivot at the Y-intercept.
◦ shift in parallel to the old one.
◦ be unaffected.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by crobinson2013 on Apr 19, 2019

uniquea123

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


crobinson2013

  • Hero Member
  • *****
  • Posts: 535
Reply #2 on: Apr 19, 2019
Thanks


uniquea123

  • Sr. Member
  • ****
  • Posts: 311
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
The Inverted Income Pyramid: The Proportion of Income Received by Each Fifth of the U.S. Population The Inverted Income Pyramid: The Proportion of Income Received by Each Fifth of the U.S. Population
Earth’s Heat Budget Earth’s Heat Budget
Determination of Income Inequality Determination of Income Inequality
How an Increase in Income Inequality Affects the Desired Tax Rate How an Increase in Income Inequality Affects the Desired Tax Rate
Relationship Between Income per Capita and Population Growth Relationship Between Income per Capita and Population Growth
Video: Chronology of leptin research (A history of leptin research)

For a complete list of videos, visit our video library