WAEC (WASSCE) Economics · National income, money and public finance
Public finance: WAEC Economics Past Questions and Answers
What the WAEC syllabus covers in Public finance
Our summary: Where government revenue comes from, how taxes work, how public money is spent, and the budget and national debt.
- Fiscal policy and objectives of public finance
- Sources of government revenue
- Taxation – types (direct and indirect), objectives, merits, demerits and incidence
- Principles/canons of taxation
- Rates of taxation (proportional, progressive and regressive)
- Direct and indirect taxation: incidence and effects of taxes
- Composition/structure of public expenditure (recurrent and capital expenditure)
- Effects of public expenditure
- Government budget and the national debt
Syllabus content © The West African Examinations Council (WASSCE (harmonised West African syllabus)).
WAEC (WASSCE) Economics questions on Public finance
- WAEC 2024Expansionary fiscal policy implies
- WAEC 2024A commodity with perfectly inelastic demand has the burden of tax borne by
- WAEC 2023An example of government's recurrent expenditure is
- WAEC 2023When more of tax on a product is borne by the buyer than the seller, the commodity involved has
- WAEC 2023Taxes levied on goods and services by government are called
- WAEC 2022If demand is perfectly inelastic, a tax imposed
- WAEC 2021In order to enable the government of a country to increase its tax revenue, it will be advisable for it to increase taxes on …
- WAEC 2021When a government cuts down her expenditure to reduce inflation, she has embarked on …
- WAEC 2021People who dispose of their assets are expected to pay …
- WAEC 2020Tools of monetary policy do not include
- WAEC 2019In a period of unemployment and falling prices, the government should adopt a
- WAEC 2019Citizens are protected from the government's arbitrariness in taxation by the canon of
- WAEC 2018income is redistributed when the rich are progressively taxed and?
- WAEC 2017The control of aggregate demand through changes in government spending and tax rates is referred to as?
- WAEC 2017Direct taxes include?
- WAEC 2016Fiscal policy that can control inflation will include the use of
- WAEC 2016Indirect taxes are generally
- WAEC 2015Government revenue will increase if taxes are levied on goods with?
Years with Public finance questions in DeeepSolve's question bank
From the past questions DeeepSolve holds, not a count of everything the exam body has set.
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015