Question: Choose the most correct answer from the alternatives provided: i) When demand and supply increases, there is an increase in quantity and an indeterminate movement
Choose the most correct answer from the alternatives provided:
i) When demand and supply increases, there is an increase in quantity and an indeterminate movement in price.
ii) A change in taxes will shift the aggregate supply curve to the right.
iii) When demand and supply decrease, there is a decrease in quantity an indeterminate movement in price.
iv) When demand decrease and supply increase there is a decrease in quantity an indeterminate movement in price.
v) A continued lockdown will shift the aggregate demand curve to the left.
A ii, iii & iv
B ii, iv & v
C i & iii
D i, iii & v
E i, ii, iii & v
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