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    Macroeconomics Study Set 12
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    Exam 5: Economic Growth, the Financial System and Business Cycles
  5. Question
    Potential GDP in Australia
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Potential GDP in Australia

Question 1

Question 1

Multiple Choice

Potential GDP in Australia:


A) does not change much over time.
B) grows as the economy grows.
C) changes over the business cycle.
D) declines over time.

Correct Answer:

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