A. and the before-tax consumption schedule to coincide.
B. to be steeper than the before-tax consumption schedule.
C. to be flatter than the before-tax consumption schedule.
D. to be parallel to the before-tax consumption schedule.
B. to be steeper than the before-tax consumption schedule.
C. to be flatter than the before-tax consumption schedule.
D. to be parallel to the before-tax consumption schedule.
ANSWER:
D. to be parallel to the before-tax consumption schedule.