A person has $120 to spend on two goods (x and y) whose respective prices are $3 and $5 per unit. (a) Draw the budget line showing all the different combinations of the two goods that can be bought with the given budget. (b) What happens to the budget line if the budget (money available to spend) falls by 25%. (c) What happens to the budget line if the price of good x doubles? (d) What happens to the budget line if the price of good y falls to $4?

Amarginally attached worker is a person who is not happy with his or her job. someone who works part-time more than 25 hours per week but wants full-time work. someone who does not have a job but is available and willing to work and has made specific but unsuccessful efforts to find a job during the past 4 weeks. someone who does not have a job but is available and willing to work but has not made specific efforts to find a job during the past 4 weeks. another name for an unemployed worker.