Which of the Following Statements Is True

question 106

Multiple Choice

Which of the following statements is true?

• A)The resource profits have declined in the past 10 years.
• B)Rising mineral prices during the resources boom created a larger share of profits for mining firms but a smaller share of the net proceeds to all Australians.
• C)Mineral royalties keep pace with the rising profitability of mining firms.
• D)The resource taxes and royalties as a share of resource profits have increased in the past 10 years.

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