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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