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Loraine Loraine
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9 years ago
If New Zealand is operating at potential GDP, which of the following is true?
i.   New Zealand only has frictional and structural unemployment.
ii.   There is no inflation in New Zealand.
iii.   New Zealand has positive net exports.
A) i, ii and iii
B) i only
C) i and ii
D) i and iii
E) ii only
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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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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9 years ago
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