- 9 Marks
AT – Nov 2015 – L3 – Q3a – International taxation
Explanation of public sector debt and objectives of public debt management.
Question
It is the opinion of some people that borrowing by government may be a better option in some cases than the imposition of taxes as taxes have the potential of creating resentment and upheavals during a period of economic difficulties.
i. Explain fully what Public Sector Debt is.
(5 marks)
ii. What are the objectives of Public Debt Management?
(4 marks)
Find Related Questions by Tags, levels, etc.
- Tags: Debt Management, Government Borrowing, International finance, Public Debt, Public Sector
- Level: Level 3
- Topic: International taxation
- Series: NOV 2015
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