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

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
E. III only

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Correct Answer: Option C

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