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Economic management — Question 3

QCAA 2020, Paper 1 · 1 mark

Q3 · 2020 · External assessmentUnclassified1 mark

QUESTION 3

In Australia, taxation bracket creep

(A) is the result of indexing income tax bands to inflation.

(B) compensates taxpayers on the threshold taxation levels.

(C) raises tax revenue without explicitly increasing tax rates.

(D) occurs when tax revenue and expenditure work in opposition.

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