In Australia,between 1959/60 and 2013/14,there Has Been I

question 27

Multiple Choice

In Australia,between 1959/60 and 2013/14,there has been i.a consistent,non-changing growth rate of potential GDP per person.
Ii) an increase in the standard of living based on real GDP per person.
Iii) fluctuations in real GDP per person around potential GDP per person.

• A)i only
• B)i,ii and iii
• C)i and ii only
• D)ii only
• E)ii and iii