If income increases, what happens to the budget line?

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Economics · Economics

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Correct answer

Shifts parallelly outwards to the right.

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Answer 1

Shifts parallelly outwards to the right.

Answer 2

Shifts parallelly inwards to the left.

Answer 3

Pivots, changing its slope.

Answer 4

Remains unchanged.

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