Income distribution: Difference between revisions

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GDP per capita: In 2011, the GDP per capita was approximately USD 62,000, indicating a robust economy.
Poverty rate: Various estimates place the poverty rate between 12 and 13 percent.
<ref>=https://treasury.gov.au/publication/economic-roundup-issue-2-2011/economic-roundup-issue-2-2011/the-australian-economy-and-the-global-downturn-part-1-reasons-for-resilience}}</ref>
 
Australia's government prioritized resolving income inequities that were made worse by the global economic slump during this time, as well as maintaining economic stability. Among the measures taken to lessen income inequality were:
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introducing fiscal measures like progressive taxes that are intended to redistribute income.
encouraging work by taking steps to increase the number of jobs being created in different industries.
These measures were a part of Australia's larger strategy to guarantee that the country's economic expansion benefited all facets of society, especially in light of the unpredictability of the world economy<ref>=https://www.rba.gov.au/publications/confs/2011/pdf/conf-vol-2011.pdf}}</ref>
 
<ref>=https://treasury.gov.au/publication/economic-roundup-issue-2-2011/economic-roundup-issue-2-2011/the-australian-economy-and-the-global-downturn-part-1-reasons-for-resilience}}</ref>
 
<ref>=https://www.rba.gov.au/publications/confs/2011/pdf/conf-vol-2011.pdf}}</ref>
 
=== United States ===