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Economic management — Question 2

QCAA 2023, Paper 1 · 1 mark

Q2 · 2023 · External assessmentUnclassified1 mark

QUESTION 2

If the Australian Government decided to reintroduce an inheritance tax, this policy would (ceteris paribus)

(A) increase the budget deficit.

(B) raise Australia’s foreign debt.

(C) improve the distribution of income and wealth.

(D) encourage people to save for their retirement income.

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