Micro Economics

An increase in the consumer's income will do all of the following, except

shift the budget line away from the origin
increase the horizontal intercept
increase the vertical intercept
change the slope of the budget line

I think it is shift the budget line away from the origin is that correct

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  1. No. an increase in a consumer's income shifts the budget line away from the origin, which means both the horizontal and vertical intercepts increase. The slope of the budget line is determined by relative prices. If prices don't change, the slope doesnt change.

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