Answer the following statements with True or False:

(i) The real interest rate can never be negative.

(ii) If the RBNZ wants to lower inflation it will have to lower the interest rate.

(iii) If the economy starts with an output gap that is zero and the government decides to increase spending, the central bank could increase the interest rate to avoid higher inflation.

(iv) If the economy is in a recession, there is a negative output gap.

(v) Bitcoin is money.