Multiple Choice
If New Zealand is operating at potential GDP,which of the following is true?
I.New Zealand only has frictional and structural unemployment.
Ii.There is no inflation in New Zealand.
Iii.New Zealand has positive net exports.
A) i,ii and iii
B) i only
C) i and ii
D) i and iii
E) ii only
Correct Answer:
Verified
Correct Answer:
Verified
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