According to the ACC 2013-14 report, what was the estimated cost of serious and organised crime to the Australian economy?

Enhance your HSC Legal Studies skills. Use flashcards and multiple-choice questions for in-depth understanding and preparation for your exam. Start now!

Multiple Choice

According to the ACC 2013-14 report, what was the estimated cost of serious and organised crime to the Australian economy?

Explanation:
The idea being tested is how the economic impact of serious and organised crime is measured. The ACC 2013-14 report puts the total cost to the Australian economy at about $36 billion. This figure reflects a broad estimate that includes not only direct costs like policing, court, and corrections expenses, but also indirect costs such as decreased productivity, higher security costs, and disruption to business. Among the options, $36 billion is the figure published by the report, making it the best match. The other numbers don’t align with the ACC’s published estimate.

The idea being tested is how the economic impact of serious and organised crime is measured. The ACC 2013-14 report puts the total cost to the Australian economy at about $36 billion. This figure reflects a broad estimate that includes not only direct costs like policing, court, and corrections expenses, but also indirect costs such as decreased productivity, higher security costs, and disruption to business. Among the options, $36 billion is the figure published by the report, making it the best match. The other numbers don’t align with the ACC’s published estimate.

More Multiple Choice Questions
Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy