Profits account for about 30 cents out of each dollar spent on goods in the United States

Refer to the figure above. A change in the budget constraint from B2 to B3 indicates:

A) a decrease in the price of jeans. B) a decrease in the price of sweaters. C) an increase in the consumer's income. D) a decrease in the consumer's income.

Taken as a whole, antipoverty programs may actually put a poor family in a position in which the family becomes worse off if its earnings rise

a. True b. False Indicate whether the statement is true or false