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25 Mar 2018
21) If money income is reduced by half, and the prices of all goods consumed by the household are reduced by half, the household's budget line will A) not change. B) shift inward. C) shift outward. D) become steeper. E) become flatter.
21) If money income is reduced by half, and the prices of all goods consumed by the household are reduced by half, the household's budget line will A) not change. B) shift inward. C) shift outward. D) become steeper. E) become flatter.
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