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Loraine Loraine
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9 years ago
Suppose that Australia has fully employed all of its resources. This situation means that Australia
A) is operating at its potential GDP.
B) is growing at a faster rate than the United States.
C) has a negative Okun Gap.
D) has a positive Lucas Wedge.
E) is experiencing zero unemployment.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Chimelo46Chimelo46
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9 years ago
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