Which of the following is an example of a government policy aimed at increasing the long-term living standards of Australians?

Question

Quizplus · Accepted Answer

Compulsory superannuation is a government policy aimed at increasing the long-term living standards of Australians by ensuring that individuals save for their retirement. This policy encourages people to save for the future, which ultimately leads to a higher standard of living for retirees. Increases in government spending, decreases in taxes, and decreases in interest rates may provide short-term economic benefits, but they are not necessarily aimed at increasing long-term living standards.

Which of the Following Is an Example of a Government