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Is New Zealand far or close from a steady state economy and what is their depreciation...

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Economics

Is New Zealand far or close from a steady state economy and whatis their depreciation rate?

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1New Zealand is close from a steady state economy Steady state economy is an economy made up of a constant stock of physical wealth or capital and a constant population size A steady state Economy has the characteristics Sustainable scale Fair distribution Efficient allocation High quality of life New Zealand on a path to    See Answer
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