How Did New Zealand's Economy Change with Deregulation in the 1980s

question 8

Multiple Choice

How did New Zealand's economy change with deregulation in the 1980s?

• A)privatized forests and postal service
• B)ended agricultural subsidies
• C)reduced national debt
• D)increased social inequality
• E)all of the above

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Definitions:

Fiscal Impact

The effect of government spending and taxation decisions on the overall economy, including inflation, employment, and economic growth.

Illegal Immigration

Illegal immigration occurs when individuals enter or stay in a country without the country's authorization or in violation of immigration laws.

State Governments

The governing bodies of the individual states in a federal system, responsible for local laws, policies, and governance within their respective states.

Skill Transferability

The extent to which skills acquired in one job can be used in another.