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Public debt is an important source of revenue for a government to finance public spending where taxation capacity may be limited, or when the alternative would be to print money and compromise macroeconomic stability. There are, however, negative consequences of high public debt on the economy.
Required:
Evaluate FOUR (4) of such negative consequences of public debt on the economy of Ghana.
(4 marks)
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Fiscal policy involves the use of government spending, taxation, and borrowing to influence both the pattern of economic activity and also the level and growth of aggregate demand, output, and employment.
Required:
Evaluate how taxation is used as a tool of fiscal policy. (6 marks)
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The Private Sector has been described as an engine of growth and the Public Sector as the lubricant that keeps the engine running. However, the Public Sector has gained notoriety for being a financial drain on the nation’s resources.
Required:
a) Explain FOUR (4) ways in which the Public Sector complements the efforts of the Private Sector. (10 marks)
b) Explain FOUR (4) characteristics of the Public Sector that make them bureaucratic. (10 marks)
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It can be argued that the public sector must not directly engage in business but rather direct efforts and resources at securing an enabling environment in which the private sector which has been described as the engine of growth of the economy can flourish.
Required: Explain FIVE (5) ways by which the Government of Ghana can improve the business environment in order that private enterprises can thrive. (10 marks)
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
Public debt is an important source of revenue for a government to finance public spending where taxation capacity may be limited, or when the alternative would be to print money and compromise macroeconomic stability. There are, however, negative consequences of high public debt on the economy.
Required:
Evaluate FOUR (4) of such negative consequences of public debt on the economy of Ghana.
(4 marks)
Find Related Questions by Tags, levels, etc.
Fiscal policy involves the use of government spending, taxation, and borrowing to influence both the pattern of economic activity and also the level and growth of aggregate demand, output, and employment.
Required:
Evaluate how taxation is used as a tool of fiscal policy. (6 marks)
Find Related Questions by Tags, levels, etc.
The Private Sector has been described as an engine of growth and the Public Sector as the lubricant that keeps the engine running. However, the Public Sector has gained notoriety for being a financial drain on the nation’s resources.
Required:
a) Explain FOUR (4) ways in which the Public Sector complements the efforts of the Private Sector. (10 marks)
b) Explain FOUR (4) characteristics of the Public Sector that make them bureaucratic. (10 marks)
Find Related Questions by Tags, levels, etc.
It can be argued that the public sector must not directly engage in business but rather direct efforts and resources at securing an enabling environment in which the private sector which has been described as the engine of growth of the economy can flourish.
Required: Explain FIVE (5) ways by which the Government of Ghana can improve the business environment in order that private enterprises can thrive. (10 marks)
Find Related Questions by Tags, levels, etc.
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