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?
Find 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 the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Why would a defendant ask for a trial to be moved to another location?
Answers (2)
Sustainable environmental policy is best defined as a. The most useful guideline for an ecotour company. b. Preserving the natural appeals of the destination or attraction c. Places the environmental potential and improving life for local people d.
Answers (1)
The region now called Georgia was a battleground for colonial dominance between which two European empires? A. Spain and Sweden B. England and Spain C. England and Denmark D. Germany and England
Answers (1)
Which is not an apraxia a. receptive aphasia b. expressive aphasia c. failure to identify ordinary objects despite being able to identify the separate details of objects d. both a and c?
Answers (1)
the need to get goods from producers to consumers raises which of the following basic questions? A. what is to be produced? B. What is the most effective allocation? C. How is production to be organized? D.
Answers (1)
New Questions in Social Studies
Verlin worked in a cabinet shop until he became frustrated that his ideas for improving efficiency were falling on deaf ears. so he left and started his own cabinet shop where he could implement those ideas.
Answers (1)
What was the goal of Shi Huangdi's currency policy? to control people's thinking to keep prices for food and necessities low to make trade easier between regions of China to improve the system of laws in the country
Answers (1)
Which would be an advantage for using railroads to transport goods
Answers (1)
Drew has been taking college courses for several semesters, and though he has struggled with some of his classes he continues to make a large effort to succeed.
Answers (1)
What seems to the focus of my country Tis of thee
Answers (1)