1. Economic growth would be caused by A) a decrease in price level B) a decrease in the money supply C) An increase in labor productivity D) An increase in nominal output E) An Increase in consumption spending vigour 2. Given the transfer payments and government spending total is less than tax revenues A) There is a recessionary gap 6067 9V7983 B) The national debt will increase beansall 5 C) The velocity of money will increase D) The government budget is in surplus E) The money multiplier will increase