Australia's economy has seen constant growth over the past 20 years, and it came through the worldwide economic recession almost untouched. Their top individual tax rate is 45%, which the top corporate tax rate is 30%. Government spending accounts for roughly 35% of the total GDP. Australia has deregulated many of its markets and reduced trade barriers since the 1980s. While the government does have some regulatory control over business, starting a company requires little in the way of "red tape." - taken from "Australia: 2014 Index of Economic Freedom" by The Heritage Foundation.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Australia's economy has seen constant growth over the past 20 years, and it came through the worldwide economic recession almost untouched. ...” in 📙 Social Studies if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Giselle recently lost her longtime partner, Gabrielle, to ovarian cancer. Giselle has been having a difficult time expressing her feelings of grief because she never told her family of her relationship with Gabrielle.
Answers (1)
Zionism is a nationalist movement calling for Jews to establish a Jewish state in their ancient homeland. True False
Answers (1)
In Risk Group Comparison Table, Gwladys Caspars' quick guide statement of "don't touch it refers to biohazards in which Risk Group?
Answers (1)
what inferences can be made about the relationship between the mother (young teenage mother that is a drug user and leave her kids to her mom and got imprisoned) and with her first two children when they were old enough to realize what had happened
Answers (1)
Nikita is upset that Amit scored higher on the ACT than she did. She decides to start telling people that she saw Amit go back and fill in answers on the test after time was called, making him out to be a cheater.
Answers (2)
New Questions in Social Studies
When Adolf Hitler came to power in 1933. he immediately began to re-arm Germany, a blatant violation of the disarmament clauses of the Treaty of Versaillies. What was the reason for these clauses when the treaty was written in 1919?
Answers (1)
What was in the articles of confederation
Answers (2)
Read the excerpt from "early victorian tea set" by neil macgregor. this is quite clearly mid-range pottery, simple earthenware of a sort that many quite modest british households were then able to afford.
Answers (2)
Think about the cost that goes into getting so many large containers to and from the ships. How do you think these trade costs affect producers and consumers?
Answers (1)
Anthropology has always been concerned with how environmental forces influence humans, and how human activities affect the biosphere and the earth itself.
Answers (1)