Tight monetary policy in New Zealand ________.
A) brought inflation down to below 2 percent
B) reduced unemployment
C) experienced a growth rate occasionally greater than 5 percent
D) all of the above

Question

Quizplus · Accepted Answer

Tight monetary policy in New Zealand was aimed at controlling inflation, which can indirectly influence unemployment and economic growth. By reducing inflation to below 2 percent, it can create a more stable economic environment, potentially leading to reduced unemployment and periods of higher growth rates, including those greater than 5 percent.

Tight Monetary Policy in New Zealand ________