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f income decreases, ceteris paribus, then Multiple Choice only the horizontal intercept of the budget line shifts upward. the budget line remains the same. the
f income decreases, ceteris paribus, then Multiple Choice only the horizontal intercept of the budget line shifts upward. the budget line remains the same. the slope of the budget line becomes steeper. the budget line makes a parallel shift inward
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Macroeconomics Principles Applications And Tools
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
7th Edition
978-0134089034, 9780134062754, 134089030, 134062752, 978-0132555234
