If income increases and prices are unchanged, the consumer’s budget constraint
A: A、remains the same.
B: B、shifts outward.
C: C、shifts inward.
D: D、rotates outward along the horizontal axis.
A: A、remains the same.
B: B、shifts outward.
C: C、shifts inward.
D: D、rotates outward along the horizontal axis.
举一反三
- In March a factory used new technology to produce its output. Then in August a fire destroys half the factory. The new technology shifted the factory's PPF ________ and the fire shifted it ________. A: inward; outward B: outward; inward C: outward; outward D: inward; inward
- When your income increases, A: your budget line shifts rightward and its slope does not change. B: your budget line shifts leftward and its slope does not change. C: the slope of your budget line increases. D: the slope of your budget line decreases.
- When taxes increase, consumption A: increases, so aggregate demand shifts right B: increases, so aggregate supply shifts right C: decreases, so aggregate demand shifts left D: decreases, so aggregate supply shifts left
- The top of a column slightly inward and the bottom outward with respect to the axis of the structure A: Ce-jiao (侧脚) B: Cheshang Mingzao (彻上明造) C: Sheng-qi (生起)
- A fall in price: A: Will cause an inward shift of demand B: Will cause an outward shift of supply C: Leads to a movement along a demand curve D: Leads to a higher level of production