Critics of targeting a zero inflation rate believe that achieving zero inflation is almost impossible and the costs are too high

If an individual's income increases

A) the person's indifference curves shift outward in a parallel manner. B) the person's budget line shifts outward in a parallel manner. C) there will be no impact on the individual's budget line or indifference curves. D) None of the above answers is correct.

Goods with few available substitutes tend to have inelastic demand curves

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