Budget line and opportunity set change

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Reference no: EM132351030

A person with low income in the United States may receive both food and housing vouchers. If that person's income were £500 per month, and the prices of both food and housing were £1 per unit, draw her/ his budget line. If she/he receives £100 per month in food vouchers and £200 per month in housing benefits, how do her/his budget line and opportunity set change?

Reference no: EM132351030

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