Objectives of Public Finance - SS2 Economics Past Questions and Answers - page 1
1
What are the objectives of public finance?
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A
Allocative efficiency, economic growth, income distribution, price stability, and fiscal stability.
B
Business growth, income generation, price regulation, and financial stability.
C
Personal income, financial growth, business regulation, and price control.
2
How can public finance promote economic growth?
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A
By investing in infrastructure projects.
B
By providing tax incentives for businesses.
C
By creating employment opportunities.
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D
All of the above.
3
What is the objective of income distribution in public finance?
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A
To promote a more equitable distribution of income.
B
To promote the growth of businesses.
C
To promote personal income.
4
What is price stability in public finance?
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A
The ability of the government to regulate prices.
B
The ability of the government to manage inflation and regulate demand in the economy.
C
The ability of the government to control taxes and spending.
5
What is fiscal stability in public finance?
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A
The ability of the government to maintain a balanced budget.
B
The ability of the government to invest in public goods.
C
The ability of the government to regulate prices.
7
How can public finance promote income distribution?
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