What does "as good as" mean?

[Ninelly]

English Language Tests, Intermediate level

ESL/EFL Test #153 "Comparison with as .... as", question 7

Rampant corruption in Indonesia will continue to happen ......... the government continues to deny that the problem exists.

(a) as good as
(b) as long as
(c) as soon as
(d) as much as

English Language Tests, Intermediate level

ESL/EFL Test #153 "Comparison with as .... as", answer 7

Rampant corruption in Indonesia will continue to happen as long as the government continues to deny that the problem exists.

Correct answer: (b) as long as
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WHAT DOES MEAN AS GOOD AS?

Ninelly

[Mister Micawber]

.
As good as can have the literal meaning (Jelly is as good as jam); it can also mean 'equivalent to' in casual English (If I forget my wife's birthday, I am as good as dead!)
.
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Canadian-American native speaker
who teaches English for a living at Mister Micawber's
ESL cafe: Interview with Mr. Micawber