The following list shows 4 shocks from the AD/AS model. Which of the shocks are aggregate demand shocks?

The following list shows 4 shocks from the AD/AS model. Which of the shocks are aggregate demand shocks?

Select one:

a. Only shock 2 is an aggregate demand shock

b. All (1-4) are aggregate demand shocks

c. Shocks 1 and 3 are aggregate demand shocks

d. Shocks 1 and 4 are aggregate demand shocks