Which One of the Following Newspaper Quotations Describes a Movement

question 16

Multiple Choice

Which one of the following newspaper quotations describes a movement along an SAS curve?

• A)"The decrease in consumer spending may lead to a recession."
• B)"The increase in consumer spending is expected to lead to inflation, without any increase in real GDP."
• C)"Recent higher wage settlements are expected to cause higher inflation this year."
• D)"Growth has been unusually high the last few years due to more women entering the labour force."
• E)"The recent tornadoes destroyed many factories in Calgary and Edmonton."