In the long-run, potential GNP is variable because. I technological change takes place II the...

ECONOMICS
WAEC 1997

In the long-run, potential GNP is variable because. I technological change takes place II the quantity of labour and capital is not fixed III. unemployment is not constant

  • A. I only
  • B. II only
  • C. I and II only
  • D. I and III only

Correct Answer: C. I and II only



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