The Following Is a List of Economic Events

question 109

Multiple Choice

The following is a list of economic events:
1.A big cut in the price of imported oil.
2.An increase in the money supply.
3.An increase in labour productivity.
4.A decline in the GDP of the USA
5.A big rise in nominal wages.
-Refer to the information above to answer this question.Which of the listed economic events will cause an increase in aggregate demand?

• A)1 only.
• B)2 only.
• C)1 and 2.
• D)1,2 and 5.

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