An example of a long-term fiscal policy in Australia is:
A) the GST.
B) an encouragement of competition in the markets.
C) employment of high-ranking academics.
D) introduction of new markets.

Question

Quizplus · Accepted Answer

The GST (Goods and Services Tax) is an example of a long-term fiscal policy in Australia, implemented in 2000 to reform the tax system by broadening the tax base and providing a steady revenue stream for federal and state governments.

An Example of a Long-Term Fiscal Policy in Australia Is